Doximity, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 10, 2022 at 04:36 pm EST
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Doximity, Inc. reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was USD 102.19 million compared to USD 79.35 million a year ago. Net income was USD 26.3 million compared to USD 36.09 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.19 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to USD 0.17 a year ago.
For the six months, sales was USD 192.82 million compared to USD 152.02 million a year ago. Net income was USD 48.68 million compared to USD 62.41 million a year ago. Basic earnings per share from continuing operations was USD 0.25 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 0.27 a year ago.
Doximity, Inc. provides a digital platform for the United States medical professionals. It provides an online platform, which enables physicians and other healthcare professionals to collaborate with their colleagues, stay up to date with the latest medical news and research and manage their careers. It offers Marketing, Hiring, and Productivity Solutions to pharmaceutical manufacturers, health systems, medical recruiting firms, and certain other healthcare companies. Its Marketing Solutions enable its pharmaceutical and health system customers to get the right content, services, and peer connections to the right medical professionals through a variety of modules. Its Hiring Solutions provide digital recruiting capabilities to health systems and medical recruiting firms. Its Productivity Solutions include its telehealth, on-call scheduling, and artificial intelligence (AI)-supported medical correspondence tools and are designed to help clinicians streamline their clinical workflow.