Forian (NASDAQ:FORA) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Forian beat estimated earnings by 633.33%, reporting an EPS of $0.16 versus an estimate of $-0.03.
Revenue was down $1.83 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 1.54% drop in the share price the next day.
Here's a look at Forian's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.11 | -0.15 | -0.17 |
| EPS Actual | -0.03 | -0.08 | -0.11 | -0.16 |
| Revenue Estimate | 5.10M | 5.70M | 7.10M | 6.67M |
| Revenue Actual | 4.89M | 4.87M | 7.90M | 7.18M |
To track all earnings releases for Forian visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.