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Benzinga
Benzinga
Business
Adam Eckert

Why Doximity Stock Is Falling Today

Doximity

Doximity Inc (NYSE:DOCS) shares are trading lower Wednesday after the company reported financial results and issued quarterly guidance below analyst estimates.

Doximity said fiscal fourth-quarter revenue increased 40% year-over-year to $93.7 million, which beat the $90.11-million estimate, according to data from Benzinga Pro. The company reported quarterly earnings of 21 cents per share, which beat the estimate of 15 cents per share. 

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