Doximity (docs) reports the result tomorrow: what is to be expected

The medical professional network doximity (NYSE: DOCS) will report results tomorrow after the bell. Here is what you are looking for.

The sales expectations of Doximity defeated the analysts’ sales expectations by 9.6% in the past quarter and reported sales of $ 168.6 million by 24.6% compared to the previous year. It was a very strong quarter for the company, with the EBITDA guidelines for the next quarter exceeded the expectations of the analysts and a solid beat of the analysts.

Does DOXIMity go to the result? Read our full analysis here, it’s free.

In this quarter, the analysts expect that the sales of doximity increase by 13.2% to $ 133.6 million in the previous year, which improves 6.4% compared to the increase in the previous year. The adapted result is expected to be $ 0.27 per share.

Analysts that cover the company have generally re -confirmed their estimates in the past 30 days, which indicates that the company will take the course on the way to the profit countries. In the past two years, Doximity has only missed Wall Street sales estimates and exceeded the top line expectations by 3.8% on average.

If you look at the colleagues from doximity in the vertical software segment, some have already reported their Q1 results and gave us an indication of what we can expect. The toast achieved sales growth of 24.4%compared to the previous year, whereby the expectations of the analysts by 0.8%and sales of 67%, which loaded the estimates by 5.2%. According to the results, the toast was 11.6%, while the start -up decreased by 9.7%.

Read our complete analysis of the results of Toast here and the results of Upstart here.

There was a positive feeling among investors of the vertical software segment, whereby the share prices rose by 19% on average last month. The doximity rose by 13.7% at the same time and increases with an average analyst course of $ 71.12 (compared to the current share price of $ 60.52).

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