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Doximity Stock Jumps 10% On Q4 Earnings: What You Need To Know

Doximity Inc (NYSE:DOCS) reported financial results for the fourth quarter of fiscal-year 2024 Thursday after the bell. Here’s a look at the key highlights from the quarter. Q4 Earnings: Doximity’s fourth-quarter revenue increased 6% year-over-year to $118.1 million, which beat the consensus estimate of $116.4 million, according to Benzinga Pro. The company reported adjusted earnings of 25 cents per share, beating analyst estimates of 20 cents per share. Doximity generated operating cash flow of $63.9 million, up 37% year-over-year. Free cash flow was also up 37% year-over-year to $62.3 million. “We ...