What’s Going With Medical Professionals-Networking Service Doximity Stock Today?

Thursday after close, Doximity Inc (NYSE:DOCS), a provider of digital platforms for U.S. medical professionals, reported third-quarter 2024 of $135.3 million, up 17% Y/Y, beating the consensus of $127.49 million and management guidance of $127 million-$128 million.

The company reported adjusted net income of $58.5 million, versus $45.8 million a year ago, representing a margin of 43.2% versus 39.7%, with adjusted EPS of $0.29, beating the consensus of $0.23.

Adjusted EBITDA reached $73.3 million, up 32% Y/Y, surpassing the management guidance of $61 million-$62 million.

“We’re proud to …

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