Stock Track | Doximity Plunges 17.06% After-Hours on Q4 Earnings Miss and Weak Revenue Guidance

Stock Track

05/14

Doximity, Inc. (DOCS) shares plummeted 17.06% in after-hours trading on Wednesday, following the release of the company's financial results.

The sharp decline came after Doximity reported adjusted earnings per share of $0.26 for its fiscal fourth quarter, missing the analyst consensus estimate of $0.28. The company also issued revenue guidance for the upcoming first quarter and full fiscal year 2027 that fell short of market expectations.

While quarterly revenue of $145.4 million slightly exceeded estimates, the earnings miss and the lower-than-anticipated outlook for future revenue growth drove the negative investor sentiment in the extended session.

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