Doximity Inc reports results for the quarter ended June 30 - Earnings Summary

• Doximity Inc DOCS.N reported quarterly adjusted earnings of 36 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 21 cents to 39 cents per share.

• Revenue rose 15.2% to $145.91 million from a year ago; analysts expected $139.54 million.

• Doximity Inc's reported EPS for the quarter was 27 cents​.

• The company reported quarterly net income of $53.32 million.

• Doximity Inc shares had fallen by 5.2% this quarter and gained 8.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.3% 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 10 "strong buy" or "buy," 10 "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 $65.00, about 9.9% above its last closing price of $58.55

This summary was machine generated from LSEG data August 8 at 03:18 a.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)