===Doximity (DOCS) reported earnings on Tue 8 Aug 23 (a/h)

 

Doximity beats by $0.05, beats on revs; guides Q2 revs below consensus; guides FY24 revs below consensus

• Reports Q1 (Jun) earnings of $0.19 per share, excluding non-recurring items, $0.05 better than the FactSet Consensus of $0.14; revenues rose 19.7% year/year to $108.47 mln vs the $107 mln FactSet Consensus.
• Co issues downside guidance for Q2 (Sep), sees Q2 revs of $108.5-109.5 mln vs. $121.25 mln FactSet Consensus.
• Co issues downside guidance for FY24 (Mar), sees FY24 revs of $452-468 mln, down from $500-506 mln, vs. $501.61 mln FactSet Consensus.