Doximity, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 10, 2021 at 04:15 pm EDT
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Doximity, Inc. announced unaudited consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, the company announced revenue of $72,669,000 compared to $36,388,000 a year ago. Net income was $26,322,000 compared to $1,459,000 a year ago. Basic net income per share attributable to Class A and Class B common stockholders was $0.12. Diluted net income per share attributable to Class A and Class B common stockholders was $0.09.
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.