By Katherine Hamilton
Doximity posted higher earnings and sales in the fiscal fourth quarter, but its outlook missed Wall Street expectations.
The professional networking platform for healthcare workers on Thursday posted a profit of $62.5 million, or 31 cents a share, compared with $40.6 million, or 20 cents a share, a year earlier.
Stripping out certain one-time items, adjusted per-share earnings were 38 cents, ahead of the 27 cents forecast by analysts, according to FactSet.
Revenue rose 17% to $138.3 million. Analysts surveyed by FactSet forecast revenue of $133.7 million.
Doximity said it expects revenue in the current quarter to be $139 million to $140 million, below the $143.3 million analysts were projecting. For the 2026 fiscal year, it expects to $619 million to $631 million in sales, also below Wall Street's forecast of $634.6 million.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
May 15, 2025 16:28 ET (20:28 GMT)
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