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health tech companies report strong earnings and raise future guidance

Doximity reported adjusted earnings of 30 cents per share, surpassing forecasts, with a 17% revenue increase and a 36% rise in net income for the first half of the fiscal year. The company expects Q3 revenue between $152 million and $153 million and has raised its 2024 revenue guidance to $535-$540 million.Waystar also exceeded expectations with Q3 revenue of $240 million, a 22% year-over-year increase, and raised its 2024 outlook to $926-$934 million. The company is leveraging AI-driven automation to enhance its healthcare payment solutions, benefiting from a surge in new clients following a competitor's cyberattack.
Fierce Healthcare
United States Dollar Waystar Holding Corp. Doximity, Inc. Hims & Hers Health, Inc. Andrew Dudum Matt Hawkins Jeff Tangney Show more
Healthcare, Market Report
17:00 15.11.2024
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