1042 ET - Doximity hasn't seen any signs of its market slowing yet, but is giving conservative guidance on the year ahead in case shifting trade policies weaken the wider economy. "There is a big cloud of policy uncertainty that I think we're all assuming will continue this year," CEO Jeff Tangney says on a call with analysts. The telehealth company faced hard times coming out of the pandemic as doctors went back to the office and the economy stuttered. It learned from that experience that upselling to its pharma clients can become more variable when the macro visibility weakens, CFO Anna Bryson says on the call. Doximity is therefore guiding for its clients' budget growth to be on the lower side of its previous outlook, Bryson says. Doximity slides 15% on the soft outlook. (dean.seal@wsj.com)
(END) Dow Jones Newswires
May 16, 2025 10:42 ET (14:42 GMT)
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