Doximity raised fiscal 2027 revenue guidance to $671 million-$681 million, implying 5% growth at the midpoint.
Second-quarter revenue forecast at $170 million-$171 million, implying 1% year-on-year growth, reflecting a tough prior-year comparison.
Fiscal 2027 adjusted EBITDA outlook lifted to $309 million-$329 million, implying a 47% margin at the midpoint; second-quarter EBITDA seen at $80.5 million-$81.5 million.
Guidance increase follows first-quarter revenue of $157 million, up 7% year-on-year, with adjusted EBITDA of $75 million, a 48% margin.
Non-GAAP gross margin expected in the mid-to-high 80% range as AI compute spending rises; AI search revenue expected to build in Q3.
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