Doximity (DOCS) reported earnings on Thur 9 Feb 23 (a/h)

 ** charts before earnings **

** charts after earnings **

 

 

 

 

Doximity beats by $0.05, beats on revs; guides Q4 revs below consensus, provides preliminary guidance for FY24 

• Reports Q3 (Dec) earnings of $0.22 per share, $0.05 better than the S&P Capital IQ Consensus of $0.17; revenues rose 17.8% year/year to $115.3 mln vs the $111.47 mln S&P Capital IQ Consensus.
• Co issues downside guidance for Q4, sees Q4 revs of $109.6-$110.6 mln vs. $122.19 mln S&P Capital IQ Consensus. Adjusted EBITDA between $45.2 million and $46.2 million.re
  • Provides preliminary guidance for FY24. Sees revenue greater than $500 compared to S&P Capital IQ Consensus of $523.6 mln. Sees Adjusted EBITDA margin of 43% or greater.