FINWIRES · TerminalLIVE
FINWIRES

Update: Doximity Fiscal Q4 Adjusted Earnings Miss Estimate; FY27 Sales Guidance Lags; Shares Plunge Premarket

By

(Updates with the stock move in the headline and the first paragraph.)

Doximity (DOCS) shares were down over 21% at the time of writing premarket Thursday after the company overnight reported a steeper-than-expected drop in fiscal Q4 adjusted earnings and sales guidance for the next financial year lagged market expectations.

The company reported fiscal Q4 adjusted earnings late Wednesday of $0.26 per diluted share, down from $0.38 a year earlier.

Analysts polled by FactSet expected $0.28.

Revenue for the three months ended March 31 was $145.4 million, up from $138.3 million a year earlier.

Analysts surveyed by FactSet expected $144 million.

For Q1, the company expects revenue of $151 million to $152 million.

Analysts expect $153.8 million.

For fiscal 2027, the company expects revenue of $664 million to $676 million.

Analysts expect $697.4 million.

Price: $18.42, Change: $-4.97, Percent Change: -21.25%

Related Articles

Australia

Wolverine Worldwide Fiscal Q1 Adjusted Earnings, Revenue Rise; Fiscal 2026 Guidance Updated

Wolverine Worldwide (WWW) reported fiscal Q1 adjusted earnings Thursday of $0.25 per diluted share, up from $0.19 a year earlier.Analysts surveyed by FactSet expected $0.22.Revenue for the quarter ended April 4 was $457.6 million, up from $412.3 million a year earlier.Analysts polled by FactSet expected $448.4 million.The company raised its fiscal 2026 adjusted earnings outlook to between $1.43 to $1.58 per share from its previous guidance of $1.35 to $1.50 per share. Analysts surveyed by FactSet expect $1.46 per share.The company reaffirmed its fiscal 2026 revenue outlook of about $1.96 billion to $1.99 billion. Analysts surveyed by FactSet expect $1.98 billion.Shares of the company were up 3% in Thursday premarket activity.Price: $16.00, Change: $+0.47, Percent Change: +3.03%

$WWW
Australia

EVT's Connect Hospitality Signs Management Agreement for Queensland Hotel

EVT's (ASX:EVT) Connect Hospitality secured a management agreement for Sage James Street Brisbane, a 93-room hotel in Brisbane, Queensland, according to a Thursday statement from the company.The agreement reflects the continued momentum in Connect Hospitality's asset light growth strategy, said Mat Duff, EVT's director of Commercial and Connect Hospitality.

$ASX:EVT
Australia

National Australia Bank Acquires Global Payments Platform for Undisclosed Sum

National Australia Bank (ASX:NAB) acquired Banked, a global technology platform that allows customers and merchants to make and receive payments instantly, according to a Thursday statement from the bank.Financial terms were not disclosed.The deal will integrate Banked's checkout and orchestration technology with NAB's banking infrastructure.NAB had been an investor in Banked through NAB Ventures since 2022 and a user of its technology since 2024, the filing added.The bank's shares fell around 2% in recent Thursday trade.

$ASX:NAB