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Forian (FORA)
NASDAQ:FORA
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.01Last Year’s EPS
-0.08Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 1.48%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth and a positive outlook for 2025, driven by the successful integration of Kyber Data Sciences. However, the company continues to face challenges with net losses and negative EBITDA, primarily due to increased expenses from acquisitions. Despite these challenges, the growth prospects and committed backlog suggest a positive future trajectory.Company Guidance
During the Forian Inc. First Quarter 2025 Financial Results Conference Call, the company reported a strong start to the fiscal year with a total revenue of $7.1 million, marking a 45% increase year-over-year. The acquisition of Kyber Data Sciences contributed $1.7 million to this growth. Despite a net loss of $1.1 million, Forian's adjusted EBITDA was a negative $51,000, an improvement from the previous year's figures. The company anticipates full-year 2025 revenue between $28 million and $30 million, representing a 39% to 49% growth from the prior year. Additionally, the adjusted EBITDA margin is projected to range from negative $1 million to positive $1 million, largely dependent on the integration and profitability of Kyber. The company ended the quarter with $35.7 million in cash and marketable securities, and $6.8 million in convertible notes maturing in September 2025. Forian remains optimistic about the future, supported by $34 million in committed contracted backlog and a focus on strategic mergers and acquisitions to enhance its market position.Strong Revenue Growth
Forian's first quarter revenue was $7.1 million, representing a 45% year-over-year growth. This growth was driven by key new pharma projects and health services renewals, as well as the full first quarter integration of Kyber Data Sciences.
Kyber Acquisition Impact
The acquisition of Kyber Data Sciences significantly contributed to revenue growth, adding approximately $1.7 million, or 35%, to the quarter's revenue. Kyber's real-world healthcare insights and analytics provide unique value to investors.
Positive Revenue Outlook for 2025
Forian projects full-year 2025 revenue to be $28 million to $30 million, representing a 39% to 49% growth year-over-year. This is a significant improvement from the previous year.
Committed Contracted Backlog
Forian has approximately $34 million of committed contracted backlog, which includes unearned revenue and unbilled amounts to be recognized as future revenue.
FORA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FORA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $2.03 | $1.86 | -8.37% |
Mar 31, 2025 | $2.00 | $1.96 | -2.00% |
Nov 13, 2024 | $2.04 | $2.03 | -0.49% |
Aug 14, 2024 | $2.47 | $2.40 | -2.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Forian (FORA) report earnings?
Forian (FORA) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Forian (FORA) earnings time?
Forian (FORA) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FORA EPS forecast?
FORA EPS forecast for the fiscal quarter 2025 (Q2) is 0.01.