Forian Inc

Forian, Inc. engages in the provision of healthcare information, analytics and technology services. The firm provides a suite of SaaS solution, as well as cannabis dispensaries. The company was founded by Max C. Wygod and Adam Dublin on October 15, 2020 and is headquartered in Newtown, PA.

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Forian Inc reports strong revenue growth post-divestiture, eyes profitability

Forian Inc showcased strong revenue growth in Q4 2022 and full year 2022, driven by the divestiture of cannabis software assets and focus on healthcare information.
While facing net losses, the company exceeded revenue guidance and has a solid contracted backlog for 2023, aiming for positive adjusted EBITDA in the latter part of the year.
Challenges include ongoing profitability concerns and the need for operational efficiency improvements, but opportunities lie in expanding the healthcare information business and capturing market share.
Overall, Forian's strategic shifts have positioned the company for growth and profitability, with a clear focus on healthcare technology and a strong revenue outlook for 2023.

Forian Inc reports strong Q1 earnings and eyes future growth

Forian Inc delivered robust financial performance in Q1 2023, with significant revenue growth and improved net income.
While challenges persist, the company's focus on healthcare analytics and strong balance sheet sets a solid foundation for future growth.
Opportunities lie ahead for Forian to leverage its expertise and financial stability for sustained expansion and strategic initiatives.

Forian Inc excels in Q2 2023, eyes expansion and acquisitions

Forian Inc's Q2 2023 performance reflects robust revenue growth and improved financial metrics, positioning the company for future success.
While challenges like net losses persist, strategic initiatives to enhance operational efficiency and profitability are underway.
Opportunities for expansion and acquisitions, coupled with a strong balance sheet, underscore Forian's potential for sustained growth and market leadership.

Forian Inc reports robust Q3 performance and eyes growth opportunities

Forian Inc delivered a strong third-quarter performance with revenue growth and improved profitability. The company's strategic wins and focus on data science-based offerings position it well for future growth.
While challenges such as market risks and customer acquisition impact exist, Forian's financial strength and opportunities for revenue growth and market expansion provide a positive outlook.
With a solid financial position, plans to capitalize on growth opportunities, and a commitment to innovation, Forian is poised to navigate challenges and leverage opportunities in the health care information sector.

Forian Inc reports solid Q4 earnings and projects growth in 2024

Forian Inc ended 2023 on a positive note, showcasing strong financial performance and strategic advancements. The company is poised for continued growth in 2024 despite market challenges, leveraging its data-driven ecosystem and product innovations.

Forian Inc reports stable Q1 performance and launches innovative products

Forian Inc's Q1 2024 performance showed stability in revenues, improved EBITDA, and strategic growth initiatives.
The company faces challenges in revenue growth and profitability but has opportunities in market expansion and product innovation.
By focusing on operational efficiency, new client acquisition, and corporate development, Forian Inc aims for sustained growth and profitability.

Forian Inc reports steady Q2 performance amidst market disruptions

Forian Inc's Q2 2024 performance was steady with flat revenue and a net loss, facing challenges from funding issues and data disruptions.
Despite these challenges, the company remains confident, plans to invest in assets, and sees opportunities for growth.
Market disruptions led to revised revenue outlook, but Forian's financial stability and strategic focus position it for future success.

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NEWTOWN, PA, March 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, will announce its fourth quarter and full year 2023 financial results on Thursday, March 28, 2024, after the close of the market. The Company will host a conference call and webcast at 4:30 p.m. (ET) on March 28, 2024, to discuss the results.

Forian Inc. to Announce Fourth Quarter and Full Year 2023 Results on March 28, 2024

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope to Announce Fourth Quarter and Full Year 2023 Results.

VerticalScope to Announce Fourth Quarter and Full Year 2023 Results

Forian, Inc. (NASDAQ:FORA ) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Mike Vesey - CFO Max Wygod - CEO, Co-founder & Executive Chair Conference Call Participants Mark Hagen - Lake Street Capital Markets Operator Greetings, and welcome to Forian Inc. third quarter 2023 financial results conference call and webcast. [Operator Instructions].

Forian, Inc. (FORA) Q3 2023 Earnings Call Transcript

Third quarter revenue grew 24% year-over-year Forian data factory expanded to drive improved insights NEWTOWN, PA, Nov. 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, today announced results for the quarter ended September 30, 2023. “Our strong financial quarter highlighted by an increase in Adjusted EBITDA is a testament to the hard work of the team and the scalability of our business model.

Forian Inc. Announces Third Quarter 2023 Financial Results

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital platform for online enthusiast communities, today announced financial results for the third quarter (“Q3” or "the quarter"). “Our performance continued to improve in Q3 as a result of stronger advertising monetization and slightly improving MAU trends. We continued to see gradual improvements in topline trends supported by o.

VerticalScope Announces Third Quarter 2023 Financial Results

NEWTOWN, PA, Nov. 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq:FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, will announce its third quarter 2023 financial results on Thursday, November 9, 2023, after the close of the market. The Company will host a conference call and webcast at 5:00 p.m. (ET) on November 9, 2023, to discuss the results.

Forian Inc. to Announce Third Quarter 2023 Results on November 9, 2023

NEWTOWN, PA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq:FORA) announces that Max Wygod, Chief Executive Officer and Executive Chairman, and Mike Vesey, Chief Financial Officer, will attend ROTH MKM's 12th annual Technology Event, which will be held on November 15, 2023, at the Yale Club in New York City.

Forian Inc. to Participate in the 12th Annual ROTH MKM Technology Event

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Holdings Inc. ("VerticalScope" or the “Company”) (TSX: FORA) announced today that the Company's third quarter 2023 financial results will be released after the market close on Wednesday, November 8, 2023. Management will host a conference call and webcast to discuss the Company's financial results at 7:30 a.m. ET on Thursday, November 9, 2023. Live Call Registration and Webcast: https://events.q4inc.com/attendee/764746899 Joining live by telephone: Canada.

VerticalScope to Announce Third Quarter 2023 Results

NEWTOWN, PA, Oct. 03, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, today announced that it has repurchased an aggregate of 1,604,676 shares of Forian common stock in a privately negotiated transaction at redemption price of $2.15 per share for an aggregate purchase price of approximately $3.45 million. The redeemed shares were cancelled and retired and returned to authorized and unissued shares.

Forian Inc. Announces Stock Repurchase

Forian Inc. (NASDAQ:FORA ) Q2 2023 Earnings Conference Call August 10, 2023 4:30 PM ET Company Participants Max Wygod – Executive Chairman and Chief Executive Officer Michael Vesey – Chief Financial Officer Conference Call Participants Bruce Goldfarb – Lake Street Capital Markets Operator Greetings, and welcome to Forian Inc. Second Quarter 2023 Financial Results Conference Call and Webcast. At this time, all participants are in a listen-only mode.

Forian Inc. (FORA) Q2 2023 Earnings Call Transcript

Second quarter revenue grew 36% year-over-year NEWTOWN, PA, Aug. 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (N asdaq : FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, today announced results for the quarter ended June 30, 2023. “Forian's commitment to delivering value to our customers and shareholders in a more challenging fiscal environment is evident from another quarter of operational and financial achievements.

Forian Inc. Announces Second Quarter 2023 Financial Results

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital platform for online enthusiast communities, today announced financial results for the second quarter (“Q2” or "the quarter"). “Our business results showed solid improvement from the trough we experienced in Q1. Improvements to our advertising technology and layouts and the addition of video advertising led to stronger perfor.

VerticalScope Announces Second Quarter 2023 Financial Results

NEWTOWN, PA, July 26, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, will announce its second quarter 2023 financial results on Thursday, August 10, 2023, after the close of the market. The Company will host a conference call and webcast at 4:30 p.m. (ET) on August 10, 2023 to discuss the results.

Forian Inc. to Announce Second Quarter 2023 Results on August 10, 2023

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope to Announce Second Quarter 2023 Results.

VerticalScope to Announce Second Quarter 2023 Results

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA) announced today the voting results from its annual general meeting of shareholders held on June 1, 2023 (the “Meeting”). 1. ELECTION OF DIRECTORS The five (5) nominees listed in the Company's management information circular dated April 12, 2023 provided in connection with the Meeting (the “Circular”) were elected as directors of the Company. Detailed results of the votes are set out below: Nomin.

VerticalScope Announces Voting Results From Its Annual General Meeting of Shareholders

Forian Inc. (NASDAQ:FORA ) Q1 2023 Earnings Conference Call May 12, 2023 6:00 PM ET Company Participants Max Wygod - Executive Chairman and Interim CEO Michael Vesey - CFO Conference Call Participants Eric Martinuzzi - Lake Street Capital Markets Operator Greetings, and welcome to Forian Inc. First Quarter 2023 Financial Results Conference Call and Webcast. At this time, all participants are in a listen-only mode.

Forian Inc. (FORA) Q1 2023 Earnings Call Transcript

First quarter revenue grew 38% year over year NEWTOWN, PA, May 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (N asdaq : FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, today announced results for the quarter ended March 31, 2023. “As we continue our transition into a pure-play healthcare information company, Forian delivered another quarter of strong operational and financial performance,” stated Max Wygod, Chairman and Chief Executive Officer of Forian.

Forian Inc. Announces First Quarter 2023 Financial Results

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital platform for online enthusiast communities, today announced financial results for the first quarter (“Q1” or "the quarter"). “VerticalScope navigated through a challenging quarter in Q1, and as we previously announced, we are confident it was the trough for our results. Macroeconomic pressure increased in the quarter which i.

VerticalScope Announces First Quarter 2023 Financial Results

NEWTOWN, PA, May 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Forian Inc. (Nasdaq:FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, will announce its first quarter 2023 financial results on Friday, May 12, 2023, after the close of the market. The Company will host a conference call and webcast at 4:30 p.m. (ET) on May 12, 2023 to discuss the results.

Forian Inc. to Announce First Quarter 2023 Results on May 12, 2023

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope to Announce First Quarter 2023 Results.

VerticalScope to Announce First Quarter 2023 Results

Forian Inc. (NASDAQ:FORA ) Q4 2022 Earnings Conference Call March 27, 2023 4:30 PM ET Company Participants Max Wygod - Executive Chairman and Interim Chief Executive Officer Michael Vesey - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Capital Markets Operator Greetings, and welcome to Forian Inc. Fourth Quarter and Full Year 2022 Financial Results Conference Call and Webcast. At this time, all participants are in a listen-only mode.

Forian Inc. (FORA) Q4 2022 Earnings Call Transcript

Fourth quarter revenue grew 37% year-over-year

Forian Inc. Announces Fourth Quarter and Full Year 2022 Financial Results

NEWTOWN, PA, March 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, will announce its fourth quarter and full year 2022 financial results on Monday, March 27, 2023, after the close of the market. The Company will host a conference call and webcast at 4:30 p.m. (ET) on March 27, 2023 to discuss the results.

Forian Inc. to Announce Fourth Quarter and Full Year 2022 Results on March 27, 2023

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital platform for online enthusiast communities, today announced financial results for the fourth quarter (“Q4” or "the quarter") and full year ended December 31, 2022 ("2022"). “Despite all of the economic uncertainty, VerticalScope had a solid year in 2022.

VerticalScope Announces Fourth Quarter and Full Year 2022 Financial Results

Forian Inc. FORA, -1.58% said it's selling its cannabis software unit Bio-Tech Medical Software Inc., which does business as BioTrack, for $30 million to buyer Alleaves Inc., a venture capital-backed company that focuses on enterprise resource planning (ERP) software for the cannabis business. Forian will instead focus on its healthcare information business, with Forian CEO Daniel Barton stepping down and being replaced on an interim basis by chairman and co-founder Max Wygod, the company said Monday.

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