NUKK - Why Doximity Shares Are Trading Higher By 14%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Doximity, Inc. (NYSE:DOCS) rose sharply in today's pre-market trading reported stronger-than-expected financial results for the fourth quarter on Thursday.
Doximity's fourth-quarter revenue increased 6% year-over-year to $118.1 million, which beat the consensus estimate of $116.4 million, according to Benzinga Pro. The company reported adjusted earnings of 25 cents per share, beating analyst estimates of 20 cents per share.
The company said it expects first-quarter revenue to be between $119.5 million and $120.5 million versus estimates of $119.23 million.
Doximity shares jumped 13.7% to $27.00 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.