Overview
US digital health platform's fiscal Q4 revenue rose 5% yr/yr, slightly beating analyst expectations
Adjusted EBITDA for fiscal Q4 beat analyst expectations
Net income for fiscal Q4 declined and margins narrowed yr/yr
Outlook
Doximity sees Q1 revenue between $151 mln and $152 mln
Company expects Q1 adjusted EBITDA between $68.5 mln and $69.5 mln
Doximity forecasts FY 2027 revenue between $664 mln and $676 mln
Company expects FY 2027 adjusted EBITDA between $323 mln and $335 mln
Result Drivers
USER ENGAGEMENT - Co said it reached a record of over 800,000 active prescribers using workflow tools in Q4, with nearly half using clinical AI features
Company press release: ID:nBw99H4Hza
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$145.4 mln
$144.08 mln (21 Analysts)
Q4 Net Income
$19.1 mln
Q4 Adjusted EBITDA
Beat
$65.8 mln
$64.34 mln (21 Analysts)
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Doximity Inc is $36.00, about 36.1% above its May 12 closing price of $26.45
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 22 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)