STOXPO
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
STOXPO
No Result
View All Result
Home Healthcare Medical Devices
trading-chart

Doximity Reports Strong Q3 Earnings with 25% Revenue Growth

byLuca Blaumann
February 7, 2025
in Medical Devices, Mid-Cap
Reading Time: 3 mins read
Share on TwitterShare on LinkedIn

AI Tools and Provider Engagement Drive Record Performance

Doximity (DOCS), the leading digital platform for U.S. medical professionals, reported strong fiscal 2025 third-quarter results, showcasing significant growth in revenue, net income, and adjusted EBITDA. For the quarter ended December 31, 2024, the company delivered total revenue of $168.6 million, marking a 25% year-over-year increase from $135.3 million in the same period last year.

“We’re proud to deliver another quarter of record engagement in Q3, with over 610,000 unique providers using our clinical workflow tools,” said Jeff Tangney, co-founder and CEO of Doximity. “Our AI tools grew the fastest last quarter, up 60% over the prior quarter, while our newsfeed surpassed more than one million unique providers.”

Financial Highlights

  • Revenue: $168.6 million, up 25% from $135.3 million in Q3 FY2024.
  • Net Income: $75.2 million, reflecting a 57% increase from $48.0 million.
  • Non-GAAP Net Income: $91.4 million, up from $58.5 million, with a margin improvement to 54.2%.
  • Adjusted EBITDA: $102.0 million, an increase of 39% from $73.3 million, with adjusted EBITDA margins reaching 60.5%.
  • Diluted EPS: $0.37 per share, compared to $0.24 per share in the previous year.
  • Operating Cash Flow: $65.2 million, reflecting a 30% growth from $50.1 million.
  • Free Cash Flow: $63.4 million, up from $48.7 million, also representing a 30% increase.

Growth Drivers and AI Expansion

Doximity’s robust performance was fueled by increasing adoption of its AI-driven tools, which saw a remarkable 60% growth in the quarter. Additionally, its newsfeed feature surpassed one million unique providers, underlining the platform’s expanding engagement and utility for medical professionals.

Financial Outlook

Looking ahead, Doximity provided guidance for its fiscal fourth quarter ending March 31, 2025:

  • Revenue: Expected between $132.5 million and $133.5 million.
  • Adjusted EBITDA: Forecasted between $62.5 million and $63.5 million.

For the full fiscal year 2025, the company revised its projections:

  • Revenue: Estimated between $564.6 million and $565.6 million.
  • Adjusted EBITDA: Expected between $306.6 million and $307.6 million.

Doximity’s continued investment in AI tools and digital engagement solutions positions the company for sustained growth. With strong financial performance and increasing adoption among healthcare professionals, the company remains a key player in the digital health space.

You might like this article:Conduit and Sarborg Advance to Phase II of AI-Driven Drug Development

Tags: DOCSDoximityEarningsGrowthMoversNewsStock Market
Previous Post

Conduit and Sarborg Advance to Phase II of AI-Driven Drug Development

Next Post

Strategy Resumes Aggressive Bitcoin Buying, Now Holds $47 Billion in Crypto

Related Posts

Rivian Electric Pickup Truck

Rivian Cuts Delivery Forecast Amid Loss of EV Tax Credits

byLuca Blaumann
October 2, 2025
0

Shares fall as tariffs and policy shifts cloud the electric vehicle outlook Rivian Automotive (RIVN) trimmed the midpoint of its...

KULR Launches Next-Generation Battery Management System for Space and Defense

byLuca Blaumann
October 2, 2025
0

kBMS introduces radiation-tolerant design, redundancy, and enhanced efficiency for mission-critical applications KULR Technology Group (KULR), a Bitcoin+ Treasury company with...

NeuroNOS Earns FDA Orphan Drug Designation for Glioblastoma Therapy

byLiliana Vida
September 8, 2025
0

BA-101 aims to address urgent unmet needs in one of the deadliest brain cancers NeuroNOS, a subsidiary of Beyond Air...

Next Post
bitcoin-1

Strategy Resumes Aggressive Bitcoin Buying, Now Holds $47 Billion in Crypto

Latest News

Verizon Partners with AST SpaceMobile to Deliver Space-Based Cellular Coverage

Envoy Medical Advances to Final Stage of FDA Trial for Fully Implanted Cochlear Implant

Tech Rally Lifts S&P 500 and Nasdaq as AMD Soars on OpenAI Deal

AMD Soars 25% After Landmark AI Chip Deal With OpenAI

Dragonfly Energy Secures Nevada Tech Hub Funding to Strengthen Lithium Battery Innovation

Based on Your Interest

Rivian Electric Pickup Truck
Auto Manufacturers

Rivian Cuts Delivery Forecast Amid Loss of EV Tax Credits

October 2, 2025
Electrical Equipment

KULR Launches Next-Generation Battery Management System for Space and Defense

October 2, 2025
investing
Auto Manufacturers

Chijet Secures Up to $1 Billion in Expanded Private Placement

October 1, 2025

Recommended

Large-Cap

Nike Surprises Wall Street With Strong Q1 Results

September 30, 2025
Entertainment

Fubo Shareholders Approve Disney Merger With Hulu Live TV

September 30, 2025
Brokerages

Robinhood Surges on Prediction Market Growth

September 30, 2025
Large-Cap

Nike Faces Steep Profit Decline as Q1 Results Loom

September 29, 2025
Biotechnology

Drugmakers Gain as Markets Digest Trump’s Proposed 100% Pharma Tariffs

September 26, 2025
Stoxpo

Follow us on social media:

Highlights

  • Verizon Partners with AST SpaceMobile to Deliver Space-Based Cellular Coverage
  • Envoy Medical Advances to Final Stage of FDA Trial for Fully Implanted Cochlear Implant
  • Tech Rally Lifts S&P 500 and Nasdaq as AMD Soars on OpenAI Deal
  • AMD Soars 25% After Landmark AI Chip Deal With OpenAI
  • Dragonfly Energy Secures Nevada Tech Hub Funding to Strengthen Lithium Battery Innovation

Category

  • Blog
  • Communication Services
    • Entertainment
    • Internet
    • Telecommunications
  • Companies
    • Large-Cap
    • Mega-Cap
    • Micro-Cap
    • Mid-Cap
    • Small-Cap
  • Consumer Cyclical
    • Auto Manufacturers
    • Casinos & Gambling
    • Ground Transportation
    • Hospitality
      • Casinp
      • Resorts & Lodging
      • Restaurants
      • Travel
        • Airlines
    • Retail
    • Textiles, Apparel & Luxury Goods
  • Consumer Defensive
    • Beverages
    • Discount Stores
    • Distributor
    • Ecommerece
    • Electrical Equipment
    • Foods
    • Household & Personal Products
    • Leisure Products
    • Tobacco
  • Contributions
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Economy
  • Energy
    • Electric
    • Oil & Gas
    • Renewables
  • Financial Services
    • Asset Management
    • Banks
    • Brokerages
    • Credit Services
    • Insurance
  • Healthcare
    • Biotechnology
    • Medical Devices
    • Pharmaceuticals
  • Industrials
    • Aerospace & Defense
    • Construction
    • Industrial Machinery
  • Materials
    • Building Materials
    • Chemicals
    • Gold
    • Mining
    • Silver
    • Steel
  • Q&A's
  • Real Estate
  • Technology
    • Artificial Intelligence
    • Computer Hardware
    • Consumer Electronics
    • Cybersecurity
    • IT Services
    • Semiconductors
    • Software
  • Utilities

Latest News

Verizon Partners with AST SpaceMobile to Deliver Space-Based Cellular Coverage

October 8, 2025
chemistry-2

Envoy Medical Advances to Final Stage of FDA Trial for Fully Implanted Cochlear Implant

October 7, 2025
investing

Tech Rally Lifts S&P 500 and Nasdaq as AMD Soars on OpenAI Deal

October 6, 2025
  • About
  • Privacy Policy
  • Contact

© 2024 All Rights Reserved: STOXPO.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More

In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information

Accept Cookie Settings
Cookies are small text files that can be used by websites to make a user's experience more efficient. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission. This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
  • Always Active
    Necessary
    Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
  • Marketing
    Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
  • Analytics
    Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
  • Preferences
    Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
  • Unclassified
    Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
Cookie Settings

Do you really wish to opt-out?

No Result
View All Result
  • Latest News
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Technology
    • Software
    • Semiconductors
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions

© 2024 All Rights Reserved: STOXPO.