Forian (NASDAQ:FORA) Posts Earnings Results, Misses Estimates By $0.07 EPS

Key Points

• Forian reported quarterly EPS of -$0.06, missing consensus by $0.07 (est. $0.01), while revenue of $7.96 million slightly beat estimates of $7.70 million.
• Shares traded up 1.0% to $2.06 on low volume, valuing the company at about $64.01 million with a negative P/E of -24.33 and a 12‑month range of $1.64–$2.71.
• Institutional investors now own 19.25% of the stock—with Citadel and others increasing/establishing stakes—yet Weiss Ratings reissued a “Sell” and the average analyst rating remains Sell.

Forian (NASDAQ:FORA - Get Free Report) announced its quarterly earnings data on Friday. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by ($0.07), FiscalAI reports. The company had revenue of $7.96 million during the quarter, compared to the consensus estimate of $7.70 million.

Forian Stock Up 1.0%

Forian stock traded up $0.02 during mid-day trading on Friday, reaching $2.06. 2,725 shares of the company's stock traded hands, compared to its average volume of 19,112. Forian has a 12-month low of $1.64 and a 12-month high of $2.71. The stock has a 50 day moving average of $2.09 and a two-hundred day moving average of $2.15. The company has a market cap of $64.01 million, a price-to-earnings ratio of -24.33 and a beta of 1.02.

Institutional Trading of Forian

Institutional investors and hedge funds have recently modified their holdings of the stock. OpenArc Corporate Advisory LLC purchased a new stake in shares of Forian in the 4th quarter worth $173,000. Citadel Advisors LLC increased its stake in shares of Forian by 178.2% during the third quarter. Citadel Advisors LLC now owns 38,369 shares of the company's stock valued at $86,000 after buying an additional 24,578 shares during the period. Finally, XTX Topco Ltd bought a new stake in shares of Forian in the fourth quarter valued at about $37,000. Institutional investors own 19.25% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Forian in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of "Sell".

About Forian

Forian NASDAQ: FORA is a global regulatory technology company offering cloud-native software solutions for enterprise risk management and financial crime compliance. The company's platform enables financial institutions to automate and streamline regulatory reporting, transaction surveillance, market risk measurement and client onboarding processes. By consolidating data across multiple asset classes and jurisdictions, Forian helps organizations maintain compliance with evolving regulatory frameworks such as MiFID II, EMIR, Dodd-Frank, FATCA and local AML/KYC requirements.

Founded in 2013 as RegTek Solutions, the business rebranded to Forian in 2023 following a period of strategic expansion into complementary risk and compliance offerings.

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