Doximity Inc - DOCS STOCK NEWS

Doximity, Inc. (NYSE: DOCS) has announced an Investor Day scheduled for June 6, 2023, at the New York Stock Exchange in New York City. The event will run from 10:30 a.m. to 1:30 p.m. Eastern Time. A live webcast will be available on the Company’s Investor Relations page, with a replay accessible afterwards. Founded in 2010, Doximity is a leading digital platform for U.S. medical professionals, serving over 80% of U.S. physicians across various specialties. The company aims to enhance productivity in healthcare through innovative digital tools.

Doximity, Inc. (NYSE: DOCS) announced that CFO Anna Bryson will present at the Raymond James 44th Annual Institutional Investors Conference on Wednesday, March 8, 2023, at 9:15 a.m. Eastern Time. Doximity is a leading digital platform for U.S. medical professionals, with a network that includes over 80% of U.S. physicians across all specialties. The platform offers tools for collaboration, access to medical news, career management, and virtual patient visits. Founded in 2010, Doximity aims to enhance doctors' productivity to improve patient care.

Doximity (NYSE: DOCS) announced that its telehealth platform, Doximity Dialer, has been awarded the 2023 ‘Best in KLAS’ for the second consecutive year in the Telehealth - Video Conferencing segment. The platform excelled in areas such as culture, loyalty, operations, product, relationship, and value, showcasing its user-friendly experience. A record 375,000 unique providers utilized Dialer last quarter, enhancing patient care through HIPAA-compliant features like one-click video visits. The KLAS report recognizes top healthcare IT solutions based on extensive evaluations, emphasizing Doximity's significant role in advancing digital healthcare.

Doximity, Inc. (NYSE: DOCS) reported total revenues of $115.3 million for Q3 fiscal 2023, reflecting an 18% increase year-over-year. Operating cash flow reached $48.7 million, up 78%, while free cash flow surged to $47.5 million, marking an 85% growth. However, net income decreased to $33.5 million from $55.6 million, resulting in a net income margin of 29%. For Q4, the company forecasts revenue of $109.6 million to $110.6 million and maintains a positive outlook for FY 2024, projecting revenues over $500 million.

Doximity, Inc. (NYSE:DOCS) announced it will report its fiscal third-quarter financial results for the period ending December 31, 2022 on February 9, 2023, after market close. A conference call and webcast will take place at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results in detail. Doximity is recognized as the leading digital platform connecting over 80% of U.S. physicians across various specialties, offering tools that enhance productivity and patient care.

Doximity, Inc. (NYSE: DOCS) has announced that CFO Anna Bryson will participate in a fireside chat at the Raymond James Technology Investor Conference on December 5, 2022, at 10:20 a.m. Eastern Time. Doximity is a leading digital platform for U.S. medical professionals, with over 80% of U.S. physicians as members. The platform offers various digital tools to enhance productivity, allowing members to collaborate, stay updated on medical news, manage careers, and conduct virtual patient visits. Visit www.doximity.com for more information.

Doximity, Inc. (NYSE: DOCS) reported Q2 2023 total revenues of $102.2 million, a 29% year-over-year increase. Operating cash flow rose to $39.5 million (+106%), with free cash flow reaching $37.7 million (+109%). Net income fell to $26.3 million (margin of 26%) compared to the previous year, while non-GAAP net income was $36.2 million (35% margin). Doximity projects Q3 2023 revenue between $110.7 million and $111.7 million, affirming full-year revenue guidance of $424.0 million to $432.0 million. A $70 million stock repurchase program was also authorized.

Doximity, Inc. (NYSE:DOCS) announced it will report its financial results for the second quarter ending September 30, 2022, after market close on November 10, 2022. A conference call and webcast will be held at 2:00 p.m. PT (5:00 p.m. ET) to discuss these results. Doximity is a leading digital platform for U.S. medical professionals, boasting over 80% membership among U.S. physicians across all specialties, providing tools for collaboration, career management, and virtual patient visits.

Salvo Health has launched a virtual health clinic aimed at addressing chronic gut conditions for over 60 million Americans. The company recently secured $10.5 million in seed funding led by Threshold Ventures, along with Torch Capital and Felicis. Salvo Health offers a comprehensive care model, Whole Self Science, that integrates various health disciplines to provide personalized treatment plans. Their approach includes unlimited access to a dedicated care team, emphasizing root cause treatment over conventional methods. The company plans to expand its services across the U.S.