Doximity Q3 revenue rises 17% to $135.3 million; updates fiscal 2024 revenue guidance
Doximity reported fiscal third-quarter results for the quarter ended December 31, 2023, with revenue of $135.3 million, up 17%, net income of $48.0 million, up from $33.5 million, and adjusted EBITDA of $73.3 million, up 32%. The company also updated its fiscal 2024 guidance, with full-year revenue now expected between $473.3 million and $474.3 million, and CEO Jeff Tangney called the quarter a "beat and raise" on both top and bottom lines.
Key points
- Revenue of $135.3 million, versus $115.3 million a year earlier, an increase of 17%.
- Net income of $48.0 million, or $0.24 diluted per share, versus $33.5 million, or $0.16, a year earlier.
- Fiscal fourth-quarter guidance: revenue of $115.9 million to $116.9 million and adjusted EBITDA of $50.5 million to $51.5 million.
- Fiscal 2024 guidance updated to revenue of $473.3 million to $474.3 million and adjusted EBITDA of $224.5 million to $225.5 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits 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 February 08, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.