DOCS - Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Doximity Inc. Investors | Benzinga
NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Doximity, Inc ("Doximity" or the "Company") (NYSE:DOCS) securities during the period of February 9, 2022 through April 1, 2024, inclusive ("the Class Period"). Investors have until June 17, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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On August 8, 2023, Doximity reported its financial results for the first quarter of fiscal year 2024. While the Company exceeded its quarterly revenue and adjusted EBITDA guidance for the first quarter, the Company provided disappointing guidance for the second quarter of fiscal year 2024 and slashed its guidance for the full fiscal year 2024. In conjunction with the disappointing guidance, Doximity announced that it would reduce its workforce ...