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1. • • Doximity made $343.5 Million in FY22. Doximity has a subscription-based business model. Approximately 93% of Doximity’s revenue for FY22 was derived from subscription customers.
     thestrategystory.com › 2023/02/18 › how-does-doximity-work-make-money-business-model

     How does Doximity work & make money: Business Model

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   What is the financial outlook for Doximity?

   • Financial Outlook Doximity is providing guidance for its fiscal first quarter ending June 30, 2023 as follows: Revenue between $106.5 million and $107.5 million. Adjusted EBITDA between $39.0 million and $40.0 million. Doximity is providing guidance for its fiscal year ending March 31, 2024 as follows: Revenue between $500 million and $506 million.

   Doximity - Doximity Announces Fourth Quarter and Fiscal Year 2023

   investors.doximity.com/news/news-details/2023/Doximity-Announces-Fourth-Quarter-and-Fiscal-Year-2023-Financial-Results-and-New-Senior-Leadership-Hires/default.aspx

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   How does Doximity make money?

   • The primary income source for Doximity comes from its marketing solutions. These solutions fall under the subscription plans offered by the company. In this segment, Doximity works with pharmaceutical companies to execute campaigns. These campaigns include ads targeted toward specific users.

   How Does Doximity Work and Make Money? - BStrategy Insights

   www.bstrategyinsights.com/doximity-business-model/

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   Should you buy Doximity (Docs)?

   • Investors might want to bet on Doximity (DOCS), as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating.

   Doximity (DOCS) Upgraded to Buy: Here's What You Should Know

   finance.yahoo.com/news/doximity-docs-upgraded-buy-heres-160010533.html

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   What is the guidance for Doximity's fiscal year 2024?

   • Doximity is updating guidance for its fiscal year ending March 31, 2024 as follows: Revenue between $460 million and $472 million. Adjusted EBITDA between $207 million and $219 million. Stock Repurchase Program Doximity’s board of directors authorized another program to repurchase up to $70 million of the Company’s Class A common stock.

   Doximity Announces Fiscal 2024 Second Quarter Financial Results

   investors.doximity.com/news/news-details/2023/Doximity-Announces-Fiscal-2024-Second-Quarter-Financial-Results/default.aspx

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3. thestrategystory.com › 2023/02/18 › how-doesHow does Doximity work & make money: Business Model

   thestrategystory.com › 2023/02/18 › how-does

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   Feb 18, 2023 · How does Doximity make money: revenue model. Doximity made $343.5 Million in FY22. Doximity has a subscription-based business model. Approximately 93% of Doximity’s revenue for FY22 was derived from subscription customers.

4. www.bstrategyinsights.com › doximity-business-modelHow Does Doximity Work and Make Money? - BStrategy Insights

   www.bstrategyinsights.com › doximity-business-model

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   How does Doximity make money? Doximity generated revenues of $206.897 million in 2021. In the same year, the company reported an operating income of $53.303 million.

5. investors.doximity.com › news › news-detailsDoximity Announces Fourth Quarter and Fiscal Year 2023 ...

   investors.doximity.com › news › news-details

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   May 16, 2023 · Fiscal year 2023 total revenues of $419.1 million, up 22% year-over-year. Fiscal year 2023 net income margin of 27% and adjusted EBITDA margin of 44%. SAN FRANCISCO-- (BUSINESS WIRE)-- Doximity, Inc. (NYSE: DOCS), the leading digital platform for U.S. medical professionals, today announced results of its fiscal 2023 fourth quarter and fiscal ...

6. productmint.com › doximity-business-model-how-doesHow Does Doximity Make Money? Analyzing Its Business Model

   productmint.com › doximity-business-model-how-does

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   Dec 16, 2022 · Doximity makes money by charging subscription fees for its marketing, hiring, as well as telehealth solutions. Consequently, Doximity operates on a subscription-based business model. Let’s take a closer look at each of Doximity’s revenue streams in the section below.

7. investors.doximity.com › news › news-detailsDoximity - Doximity Announces Fiscal 2024 Second Quarter ...

   investors.doximity.com › news › news-details

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   Nov 9, 2023 · News Details. View All News. Doximity Announces Fiscal 2024 Second Quarter Financial Results. 11/09/2023. Total revenues of $113.6 million, up 11% year-over-year. Net income margin of 27% and adjusted EBITDA margin of 48% Net income growth of 16% and adjusted EBITDA growth of 18% year-over-year.

8. finance.yahoo.com › news › doximity-docs-upgradedDoximity (DOCS) Upgraded to Buy: Here's What You Should Know

   finance.yahoo.com › news › doximity-docs-upgraded

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   2 days ago · Earnings Estimate Revisions for Doximity. This medical social networking site is expected to earn $0.95 per share for the fiscal year ending March 2025, which represents no year-over-year change

9. www.fool.com › investing › 2021/06/22Doximity Is Already Profitable and Could Be One of the ...

   www.fool.com › investing › 2021/06/22

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   Jun 22, 2021 · For the year ended March 31, Doximity generated revenue of $206.9 million, up 78% from $116.4 million in the prior year. The company has produced record revenue in each of the past two years, and...