Doximity shares soar 21% after company beats on revenue, raises fiscal year guidance
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Doximity's shares surged by 21% following a strong third-quarter fiscal 2025 performance, with revenue increasing by 25% to $168.6 million, surpassing analysts' expectations. The company also raised its fiscal year guidance.
February 06, 2025 | 10:30 pm
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Doximity's stock price increased by 21% after the company reported better-than-expected revenue growth of 25% in Q3 FY2025 and raised its fiscal year guidance.
The significant increase in Doximity's stock price is directly linked to its strong financial performance in Q3 FY2025, where it exceeded revenue expectations and raised its fiscal year guidance. This positive news is likely to boost investor confidence and drive the stock price higher in the short term.
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IMPORTANCE 90
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