Doximity Sees FY25 Revenue $506M-$518M Vs $520.772M Est.
Portfolio Pulse from Benzinga Newsdesk
Doximity has revised its FY25 revenue guidance to a range of $506 million to $518 million, which is below the previous estimate of $520.772 million.
May 16, 2024 | 8:04 pm
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Doximity has lowered its FY25 revenue guidance to $506M-$518M, which is below the previous estimate of $520.772M. This revision may negatively impact investor sentiment and the stock price in the short term.
The downward revision in revenue guidance suggests potential challenges in achieving previously expected growth, which could lead to negative investor sentiment and a decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100