Doximity's (DOCS) Q3 numbers beat estimates; Jefferies 'surprised at weakness' in shares

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Doximity Announces Fiscal 2024 Third Quarter Financial Results

February 8, 2024 4:01 PM EST

Total revenues of $135.3 million, up 17% year-over-year
Net income margin of 35% and adjusted EBITDA margin of 54%
Net income growth of 43% and adjusted EBITDA growth of 32% year-over-year

SAN FRANCISCO--(BUSINESS WIRE)-- Doximity, Inc. (NYSE: DOCS), the leading digital platform for U.S. medical professionals, today announced results of its fiscal 2024 third quarter ended December 31, 2023.

"Were proud to deliver another quarter of double-digit engagement growth across our entire platform, with a beat and raise on both our top and bottom lines, said Jeff Tangney, co-founder and CEO... More