Doximity Shares Slide on FY Outlook Cut

Dow Jones
02/06

By Katherine Hamilton

 

Doximity shares sank after the company lowered its full-year sales outlook and said its chief financial officer was going on medical leave.

The stock shed 38% to $20.89 in after-hours trading on Thursday after closing at a 52-week low. Through the close, the stock was down 39% over the past three months.

The digital platform for healthcare workers lowered its outlook for annual sales to a range of $642.5 million to $643.5 million, down from prior guidance of $640 million to $646 million.

In the current fiscal fourth quarter, Doximity anticipates sales to be $143 million to $144 million, which would be below the $150.4 million analysts polled by FactSet were looking for.

Doximity also said Chief Financial Officer Anna Bryson is taking a temporary medical leave of absence. Chief Accounting Officer Siddharth Sitaram will serve in her role in the interim.

Sitaram, 47, started as chief accounting officer last month. He was senior vice president of finance and accounting for about three years before that.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

February 05, 2026 18:23 ET (23:23 GMT)

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