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Stock impact report

Forian Inc. (FORA) Reports Q2 Loss, Misses Revenue Estimates [Yahoo! Finance]

Forian Inc. (FORA) 
Company Research Source: Yahoo! Finance
These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -200%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.01, delivering a surprise of -66.67%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Forian , which belongs to the Zacks Computer - Services industry, posted revenues of $4.78 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 9.18%. This compares to year-ago revenues of $4.89 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Forian shares have lost about 15.6% since the beginning of the year versus the S&P 50 Show less Read more
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