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Forian Q2 Revenue Grows 44% YoY, Here Are The Details
Forian Q2 Revenue Grows 44% YoY, Here Are The Details
Forian Inc. (NASDAQ:FORA) released results for the quarter ended June 30, 2022.
Q2 2022 Financial Highlights
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Revenue for the quarter was $6.5 million, an increase of 44% versus the prior year and 2% sequentially over the first quarter of 2022.
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Net loss for the quarter was $5.4 million, or $0.17 per share, compared to $7.0 million, or $0.22 per share, in the prior year.
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Adjusted EBITDA for the quarter was negative $3.2 million, compared to negative $3.6 million in the prior year.
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Cash and marketable securities at the end of the quarter was $23.9 million.
Second Quarter 2022 Operational Highlights
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Expanded capabilities of Chronos, the company's healthcare information product line
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Completed integration of cannabis retail transactional data within the Forian data factory
"Forian delivered strong financial results in the second quarter, reflecting growing demand across our offerings," stated Max Wygod, Forian executive chairman. "The second quarter passed an inflection point in the business where we now see our growth directly driving towards substantial profitability."
Forian CEO Dan Barton stated, "Second quarter 2022 financial results built upon our momentum of strong sales of our subscription-based healthcare information offerings coupled with execution on cost management strategies."
Photo by Mackenzie Marco on Unsplash
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Forian Inc. (NASDAQ:FORA) released results for the quarter ended June 30, 2022.
福里安公司(纳斯达克:FORA)发布了截至2022年6月30日的季度业绩。
Q2 2022 Financial Highlights
2022年第二季度财务亮点
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Revenue for the quarter was $6.5 million, an increase of 44% versus the prior year and 2% sequentially over the first quarter of 2022.
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该季度的收入为650万美元,同比增长44%,环比2022年第一季度增长2%。
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Net loss for the quarter was $5.4 million, or $0.17 per share, compared to $7.0 million, or $0.22 per share, in the prior year.
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Adjusted EBITDA for the quarter was negative $3.2 million, compared to negative $3.6 million in the prior year.
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Cash and marketable securities at the end of the quarter was $23.9 million.
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该季度净亏损为540万美元,或每股0.17美元,而上年同期为700万美元,或每股0.22美元。
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该季度调整后的EBITDA为负320万美元,而前一年为负360万美元。
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现金和有价证券在季度末是2390万美元。
Second Quarter 2022 Operational Highlights
2022年第二季度运营要点
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Expanded capabilities of Chronos, the company's healthcare information product line
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Completed integration of cannabis retail transactional data within the Forian data factory
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扩展的功能克雷诺斯,该公司的医疗保健信息产品线
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已完成整合大麻零售交易数据在福里安数据工厂内
"Forian delivered strong financial results in the second quarter, reflecting growing demand across our offerings," stated Max Wygod, Forian executive chairman. "The second quarter passed an inflection point in the business where we now see our growth directly driving towards substantial profitability."
福里安在第二季度公布了强劲的财务业绩,反映出我们所有产品的需求不断增长。麦克斯·怀神德,弗利安执行主席。“第二季度经历了业务的一个转折点,我们现在看到我们的增长直接推动了我们的大幅盈利。”
Forian CEO Dan Barton stated, "Second quarter 2022 financial results built upon our momentum of strong sales of our subscription-based healthcare information offerings coupled with execution on cost management strategies."
福里安首席执行官丹·巴顿2022年第二季度的财务业绩建立在我们基于订阅的医疗信息产品的强劲销售势头以及成本管理战略的执行上。
Photo by Mackenzie Marco on Unsplash
Mackenzie Marco在Unspash上的照片
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
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