BUZZ-Doximity rises on upbeat fiscal 2025 revenue forecast

Shares of telehealth firm Doximity DOCS.N rise 24.4% to $72.50 premarket

On Thursday, co forecast fiscal 2025 rev. to be between $564.6 mln and $565.6 mln, up from its previous range of $535 mln to $540 mln; analysts estimate 2025 rev. to be $554.3 mln - LSEG-compiled data

Co forecasts Q4 rev. to be between $132.5 mln and $133.5 mln, above analysts' est of $129.2 mln

Co reported Q3 adj. profit of 45 cents/shr vs analysts' est. of 34 cents/shr

Co posted Q3 revenue of $168.6 mln vs estimates of $152.8 mln

At least six brokerages raised PT on DOCS post results

DOCS gained ~87% in 2024