Telehealth Platform Doximity Stock Soars as AI Boosts Performance

Telehealth Platform Doximity Stock Soars as AI Boosts Performance

Key Takeaways

  • Doximity posted higher-than-expected profit, sales, and outlook as customer interaction increased, aided by artificial intelligence tools.
  • Adjusted earnings per share were a third more than analysts’ estimates, and revenue was up nearly 25% year-over-year.
  • The telehealth software provider’s shares traded at their highest level in about 3 1/2 years.

Shares of Doximity (DOCS) skyrocketed more than 30% Friday, a day after the telehealth software provider posted…

Article Source
https://www.investopedia.com/telehealth-platform-doximity-stock-soars-as-ai-boosts-performance-8787646