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.
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About NYSE:DOCS
Doximity
Operates a cloud-based digital platform for medical professionals in the United States.
Flawless balance sheet with proven track record.