Doximity Inc reports results for the quarter ended March 31 - Earnings Summary

• Doximity Inc DOCS.N reported quarterly adjusted earnings of 38 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 25 cents. The mean expectation of twenty analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 24 cents to 31 cents per share.

• Revenue rose 17.1% to $138.29 million from a year ago; analysts expected $133.73 million.

• Doximity Inc's reported EPS for the quarter was 31 cents​.

• The company reported quarterly net income of $62.46 million.

• Doximity Inc shares had risen by 2.5% this quarter and gained 11.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Doximity Inc is $70.00

This summary was machine generated from LSEG data May 15 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)