Forian reports Q3 EPS (1c), consensus (3c)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 13 2024
0mins
Q3 Financial Performance: Forian reported Q3 revenue of $4.7 million, slightly below the consensus estimate of $4.81 million, with adjusted EBITDA decreasing to $0.2 million from $1.1 million in the previous year.
Strategic Vision and Growth: CEO Max Wygod emphasized the company's commitment to long-term value and strategic progress, highlighting the acquisition of Kyber Data Science as a key move to enhance growth opportunities and stakeholder success.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
