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AI brief of an SEC Form 8-K · Doximity (DOCS)

Doximity Q2 revenue rises 11% to $113.6 million; net income climbs to $30.6 million

Positive Impact 3 of 5 earnings Written later

Doximity reported fiscal second-quarter 2024 results for the period ended September 30, 2023, with revenue up 11% and net income up from the prior-year quarter. The company updated its fiscal 2024 revenue and adjusted EBITDA guidance and authorized a new $70 million share repurchase program, while operating cash flow fell 67% year-over-year.

Key points

  • Revenue of $113.6 million, up 11% from $102.2 million; net income of $30.6 million versus $26.3 million
  • Diluted net income per share of $0.15 versus $0.12; adjusted EBITDA of $54.2 million, up 18%
  • Operating cash flow of $12.9 million, down 67% from $39.5 million; restructuring expense of $7.9 million included in net income
  • Fiscal 2024 revenue guidance updated to $460 million to $472 million; board authorized up to $70 million in buybacks over the next 12 months

The filing

CompanyDoximity (DOCS)
Form8-K, current report
Filed with the SECNov 9, 2023, 4:05 PM ET
Accession number0001516513-23-000082

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 09, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.