Doximity (NYSE:DOCS) First Quarter 2025 Results
Key Financial Results
- Revenue: US$126.7m (up 17% from 1Q 2024).
- Net income: US$41.4m (up 46% from 1Q 2024).
- Profit margin: 33% (up from 26% in 1Q 2024). The increase in margin was driven by higher revenue.
- EPS: US$0.22 (up from US$0.15 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Doximity Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 25%.
Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Healthcare Services industry in the US.
Performance of the American Healthcare Services industry.
The company's shares are up 32% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Doximity that you need to be mindful of.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:DOCS
Doximity
Operates a cloud-based digital platform for medical professionals in the United States.
Flawless balance sheet with solid track record.
