Why Is Doximity (DOCS) Stock Up 30% Today?
DOCSDoximity(DOCS) Investor Place·2024-08-09 23:18

Doximity (NYSE:DOCS) stock is rising higher on Friday following the release of the medical cloud-based digital platform company’s earnings report for its fiscal first quarter of 2025.That earnings report starts off strong with adjusted EPS of 28 cents per share. This is better than the 23 cents per share Wall Street was expecting. It’s also an improvement over the 19 cents per share reported in the same period of the year prior.Adding to this is revenue of $126.7 million in fiscal Q1. That’s another beat co ...