Becker's Healthcare February 10, 2023
Doximity reported 18 percent higher revenues, 78 percent higher operating cash flow, and 85 percent higher free cash flow, year-over-year, in its fiscal third quarter results published Feb. 9.
Eleven things to know about its financial results from the quarter that ended on Dec. 31:
1. The company reported revenue of $115.3 million, versus $97.9 million, an increase of 18 percent year-over-year.
2. Net income was reported at $33.5 million, versus $55.6 million, representing a margin of 29 percent, versus 56.9 percent — a decrease of 38 percent year-over-year.
3. Non-GAAP net income of $45.8 million, versus $63.6 million, representing a margin of 39.7 percent, versus 65 percent — a decrease of 28 percent year-over-year.
4. Doximity reported adjusted...
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