Doximity shares surge after first-quarter revenue beats estimates

Doximity

07/08/2026 13:02

Aug 7 (Reuters) - Shares of Doximity briefly doubled in value in premarket trading on Friday after the digital health platform posted first-quarter revenue that topped Wall Street expectations. 
Its shares were last trading 84.8% higher at $38.14.
Doximity reported revenue of $156.6 million for the first quarter, released after Thursday's market close, beating estimates of $151.7 million, according to data compiled by LSEG. 

 (Reporting by Purvi Agarwal in Bengaluru; Editing by Anil D'Silva)
 ((Purvi.Agarwal@thomsonreuters.com;))