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Doximity Stock Is Sinking. Guidance Disappointed, but Some Bulls Aren’t Budging.

Por: MarketWatch Business May 17, 2023

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“[W]e’re being conservative because it’s an uncertain macro,” CEO Jeffrey Tangney said on the company’s earnings call, response to a question about the outlook for upselling. Shares of Doximity were falling 8.4% Wednesday to $31.02. The was up 0.2%. But it wasn’t all bad news. Doximity reported fiscal fourth-quarter earnings of 20 cents a share on revenue of $111 million. Analysts surveyed by FactSet were expecting earnings of 17... + full article



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