---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-052508"
form_type: "8-K"
ticker: "FORA"
cik: "0001829280"
company_name: "Forian Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:32:10.897967+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-23-052508
- form_type: 8-K
- ticker: FORA
- cik: 0001829280
- company_name: Forian Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829280/000114036123052508/0001140361-23-052508-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829280/000114036123052508/ef20014387_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-052508
- JSON: https://secwatch.observer/filing/0001140361-23-052508.json
- Plain text: https://secwatch.observer/filing/0001140361-23-052508.txt

## Key facts
- Earnings Releases
  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
  source text: 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 )
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829280/000114036123052508/0001140361-23-052508-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.