Doximity, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 16, 2024 at 04:11 pm EDT
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Doximity, Inc. reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was USD 118.06 million compared to USD 110.97 million a year ago. Net income was USD 40.62 million compared to USD 30.67 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.2 compared to USD 0.14 a year ago.
For the full year, sales was USD 475.42 million compared to USD 419.05 million a year ago. Net income was USD 147.58 million compared to USD 112.82 million a year ago. Basic earnings per share from continuing operations was USD 0.78 compared to USD 0.58 a year ago. Diluted earnings per share from continuing operations was USD 0.72 compared to USD 0.53 a year ago.
Doximity, Inc. provides a digital platform for United States (U.S) medical professionals. The Company's cloud-based platform provides tools to its members, which help them to collaborate with colleagues, coordinate patient care, conduct virtual patient visits, stay up-to-date with medical news and research, and manage careers. The Company supports physicians in practice of medicine with mobile and clinical workflow tools, such as voice and video telehealth, secure messaging and digital faxing. The Company's platform offers marketing, hiring, and telehealth solutions. Its marketing solutions enable pharmaceutical and health system customers to get content, services, and peer connections to medical professionals through a variety of modules. Its hiring solutions provide digital recruiting capabilities to health systems and medical recruiting firms. Its telehealth solutions consist of software tools that include voice and video dialers, designed to connect patients with care providers.
DOXIMITY, INC. 
