Doximity, Inc. Q4 Profit Increases, Beats Estimates

Doximity, Inc. (DOCS) reported earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $62.46 million, or $0.31 per share. This compares with $40.62 million, or $0.20 per share, last year.

Excluding items, Doximity, Inc. reported adjusted earnings of $77.70 million or $0.38 per share for the period.

Analysts on average had expected the company to earn $0.27 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 17.1% to $138.288 million from $118.057 million last year.

Doximity, Inc. earnings at a glance (GAAP) :

-Earnings: $62.46 Mln. vs. $40.62 Mln. last year.
-EPS: $0.31 vs. $0.20 last year.
-Revenue: $138.288 Mln vs. $118.057 Mln last year.

-Guidance:
Next quarter revenue guidance: $139 to $140 Mln

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com