Doximity, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 09, 2023 at 04:11 pm EST
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Doximity, Inc. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 113.61 million compared to USD 102.19 million a year ago. Net income was USD 30.6 million compared to USD 26.3 million a year ago. Basic earnings per share from continuing operations was USD 0.16 compared to USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.12 a year ago.
For the six months, sales was USD 222.08 million compared to USD 192.82 million a year ago. Net income was USD 59.01 million compared to USD 48.68 million a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to USD 0.25 a year ago. Diluted earnings per share from continuing operations was USD 0.28 compared to USD 0.23 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. 
