Forian Q2 revenue grows 44% to $6.5M; reaffirms FY2022 guidance $25.5-27M

Forian Inc.

2022-Q2 EPS reported -$0.54 revenue$12,925,537

Revenue $6.5M, up 44% YoY from $4.5M; net loss $5.4M ($0.17/sh) vs $7.0M ($0.22/sh).
Adjusted EBITDA -$3.2M, improving from -$3.6M in Q2 2021.
Cash and marketable securities $23.9M at quarter end.
Reaffirmed 2022 revenue guidance of $25.5-$27.0M.

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