Forian Q3 revenue jumps 62% pro forma to $5.0M; net loss widens to $6.9M

Forian Inc.

2021-Q3 EPS reported -$0.64 revenue$11,130,349

Total revenue $4.96M, +62% pro forma YoY; net loss $6.88M ($0.22 loss per share) vs loss of $1.16M a year ago.
Pro Forma Adjusted EBITDA -$4.12M vs -$1.16M in prior year, reflecting increased investment.
Q4 2021 revenue guidance reaffirmed at $5.4M to $5.7M.
Sequential pro forma revenue growth of 9.1% over Q2 2021.

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