Forian Q3 2023 EPS $0.16 Beats $(0.03) Estimate, Sales $5.35M Beat $5.22M Estimate
Portfolio Pulse from totan@benzinga.com
Forian (NASDAQ:FORA) reported Q3 2023 earnings of $0.16 per share, beating the analyst consensus estimate of $(0.03) by 633.33%. This is a 200% increase from the same period last year. The company also reported quarterly sales of $5.35 million, beating the analyst consensus estimate of $5.22 million by 2.45%, but this is a 25.47% decrease from the same period last year.
November 09, 2023 | 9:52 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Forian's Q3 2023 earnings and sales beat estimates, but sales are down YoY. This mixed result could lead to uncertain market reactions.
Forian's earnings beat estimates and showed a significant YoY increase, which is positive for the stock. However, the decrease in sales YoY could be a concern for investors, leading to a neutral score.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100