secwatch.observer — SEC 8-K summary
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Issuer:     Forian Inc. (FORA)
CIK:        0001829280
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001140361-23-052508
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829280/000114036123052508/0001140361-23-052508-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829280/000114036123052508/ef20014387_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-052508

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer