Forian Inc reports results for the quarter ended in June - Earnings Summary

Forian.

10/08/2023 22:02

* Forian Inc  FORA.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 5 cents per
share.
    * Revenue fell 25.1% to $4.89 million from a year ago;
analysts
expected $5.10 million. 
    * Forian Inc's reported EPS for the quarter was a loss of 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 28.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Forian Inc shares had risen by 8.2% this quarter and
lost 2.9%
so far this year.
    * The company reported a quarterly loss of $1.12 million.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.05          -0.03          Beat
 Mar. 31 2023      -0.11          0.19           Beat
 Dec. 31 2022      -0.15          -0.11          Beat
 Sep. 30 2022      -0.17          -0.16          Beat