Medical platform Doximity reported a 25% revenue rise, exceeding expectations and boosting its stock by 21%.

Medical platform Doximity reported a 25% rise in third-quarter revenue to $168.6 million, exceeding expectations of $152 million. The company's stock jumped 21% after the announcement. Doximity also raised its annual revenue forecast to between $564.6 million and $565.6 million, up from $535 million to $540 million. Revenue growth is attributed to its telehealth tools, hiring solutions, and marketing services for pharmaceutical companies.

2 months ago
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