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Doximity Financial Results for April-June 2021

English

Have you ever heard of Doximity (ticker symbol: DOCS), a US stock?

It is a company that provides social networking services for medical professionals.

In this article, I will introduce the company’s financial results for the period from April to June 2021, which were announced on August 10, 2021.

Financial Results for April to June 2021

EPS is 11¢ vs. 8¢ expected.

Net sales were $72.7 million, compared to the forecast of $63.62 million.

Sales growth was 99.7% YoY.

Net income was $26.3 million. Net income was $26.3 million, compared to $1.5 million in the same period last year.

Net income margin was 36%.

Operating cash flow was $33.2 million. Cash flow from operations was $33.2 million, compared to $8.8 million in the same period last year.

Free cash flow was $32.4 million. Free cash flow was $32.4 million, compared to $7.6 million in the same period last year.

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