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57.83
4.80%
2.65
Why is Doximity Inc (DOCS) Stock down?
We've noticed a 5.07% decline in Doximity Inc (DOCS) stock during the 2024-11-15 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
09 Aug, 2023:
Doximity (DOCS) shares dropped 22.84% after Q1 2024 earnings despite higher revenue. Lowered annual guidance raised concerns. Q1 revenue: $108.5 million (up 20% YoY), net income: $28.4 million. Report noted 10% workforce cut, lowered 2024 outlook: $452-$468 million revenue, adjusted EBITDA: $193-$209 million.
https://www.fool.com/investing/2023/08/09/why-shares-of-doximity-are-falling-wednesday/
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