Forian Q3 revenue up 24% to $5.3M; net income from continuing ops $0.16 per share

Forian Inc.

2023-Q3 EPS reported $0.30 revenue$15,112,398

Revenue $5.35M (+24% YoY); net income from continuing ops $5.45M ($0.16 diluted) vs loss of $2.97M (-$0.09) in Q3 2022.
Adjusted EBITDA from continuing ops positive $0.755M, compared to negative $1.23M in prior year.
Cash, cash equivalents and marketable securities $49.0M at Sept 30, 2023.
Repurchased 1.6M shares in October at $2.15/share in privately negotiated transaction.
Launched new data science products including referral mapping tool; licensed additional strategic healthcare data.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Forian Inc. reported Third quarter 2023 results: revenue $5,348,469, net income $4,342,091, EPS $0.13.

Period: Third quarter 2023
Revenue: $5,348,469
Net income: $4,342,091
EPS: $0.13
Result: reported results

Exact text from the filing

Forian delivered the following results for the third quarter of 2023: Three Months Ended September 30, Period- over- Period % Change 2023 Unaudited 2022 Unaudited Total revenue $ 5,348,469 $ 4,310,694 24% Income (loss) from continuing operations, net of tax $ 5,453,643 $ (2,966,053 ) 284% Loss from discontinued operations, net of tax $ (1,111,552 ) $ (2,161,571 )

View on SEC.gov

Browse all earnings releases →

Forian Inc. filing history →

Source: SEC EDGAR

accession 0001140361-23-052508

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.