Doximity shares pop 30% on revenue beat, rosy guidance
Doximity shares ripped more than 30% higher on Friday, a King88bet Login day after the company reported fiscal third-quarter results that beat Wall Street's expectations for revenue and guidance. Doximity is a digital basis for medical professionals that can help them carry out telehealth appointments with patients, find referals, stay current on medical news and more. The company's revenue increased 25% to $168.6 million in its third quarter, up from $135.3 million in the same period last year. For its fiscal fourth quarter, Doximity said it King88bet Slot expects to report revenue between $132.5 million and $133.5 million, while analysts were expecting $123.8 million. The company also raised guidance for its full fiscal year and said it expects to report revenue of between $564.6 million and $565.6 million. Doximity's adjusted EBITDA was $102.0 million, up 39% year over year. Analysts at Morgan Stanley raised their price sasaran on the stok to $71...