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

Daxor’s New Handheld Blood Volume Analyzer Gets FDA Green Light

byLiliana Vida
August 7, 2025
0

Next-Gen BVA Device Promises Faster, More Accurate Fluid Management for Millions of Patients Daxor Corporation (DXR), a global leader in...

Hims & Hers Shares Dip Despite Strong Growth as Revenue Misses Forecast

byLuca Blaumann
August 5, 2025
0

Telehealth company maintains 2025 outlook, expands beyond GLP-1 offerings amid regulatory and partnership setbacks Hims & Hers Health (HIMS) stock...

evtol

Blade Air Mobility Sells Rideshare Business to Joby Aviation for $125 Million

byLiliana Vida
August 4, 2025
0

Electric air taxi pioneer Joby expands passenger operations as Blade spins off medical transport arm into new public company Blade...

Next Post
bitcoin-1

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

Latest News

LegalZoom Soars as Bank of America Upgrades Rating on AI Momentum and Subscription Growth

Eli Lilly Posts Strong Q2 Earnings but GLP-1 Pill Disappointment Weighs on Stock

Daxor’s New Handheld Blood Volume Analyzer Gets FDA Green Light

Tariffs Dull E.l.f. Beauty’s Shine Despite Beating Expectations

Hims & Hers Shares Dip Despite Strong Growth as Revenue Misses Forecast

Based on Your Interest

trading-chart-2
IT Services

Palantir Surges Past $1 Billion Quarterly Revenue, Lifts Guidance Amid AI Boom

August 4, 2025
tesla
Artificial Intelligence

Tesla Board Approves $29 Billion Alternative Compensation Plan for Elon Musk

August 4, 2025
evtol
Aerospace & Defense

Blade Air Mobility Sells Rideshare Business to Joby Aviation for $125 Million

August 4, 2025

Recommended

Large-Cap

Qualcomm Posts Strong Q3 Results, Fueled by Automotive and IoT Growth

July 30, 2025
Aerospace & Defense

Palo Alto Networks Eyes $20B Deal for CyberArk

July 29, 2025
Ecommerece

AMD and Amazon: Two Titans Poised for Explosive Growth

July 28, 2025
Entertainment

FCC Approves $8B Paramount-Skydance Merger Amid Political Controversy

July 25, 2025
Aerospace & Defense

FAA Keeps Boeing 737 MAX Production Cap in Place Amid Ongoing Oversight

July 24, 2025
Stoxpo

Follow us on social media:

Highlights

  • LegalZoom Soars as Bank of America Upgrades Rating on AI Momentum and Subscription Growth
  • Eli Lilly Posts Strong Q2 Earnings but GLP-1 Pill Disappointment Weighs on Stock
  • Daxor’s New Handheld Blood Volume Analyzer Gets FDA Green Light
  • Tariffs Dull E.l.f. Beauty’s Shine Despite Beating Expectations
  • Hims & Hers Shares Dip Despite Strong Growth as Revenue Misses Forecast

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

LegalZoom Soars as Bank of America Upgrades Rating on AI Momentum and Subscription Growth

August 8, 2025

Eli Lilly Posts Strong Q2 Earnings but GLP-1 Pill Disappointment Weighs on Stock

August 7, 2025

Daxor’s New Handheld Blood Volume Analyzer Gets FDA Green Light

August 7, 2025
  • About
  • Privacy Policy
  • Contact

© 2024 All Rights Reserved: STOXPO.

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.

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?