Forian Inc. Reports Significant Growth in Second Quarter 2025 Financial Results
TL;DR
Forian Inc. showcases a 56% revenue growth and a significant turnaround to net income, offering investors a competitive edge in the data science and analytics sector.
Forian Inc. reported Q2 2025 revenue of $7.5 million, a 56% increase from the previous year, with adjusted EBITDA rising to $0.6 million, reflecting operational efficiency and strategic growth.
Forian Inc.'s advancements in data science and analytics enhance healthcare and financial services, contributing to a more informed and efficient global healthcare ecosystem.
Discover how Forian Inc. turned a $2.6 million loss into a $0.2 million profit in just a year, showcasing remarkable financial resilience and strategic acumen.
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Forian Inc., a leader in data science-driven information and analytics solutions for the life science, healthcare, and financial services industries, has announced its financial results for the second quarter of 2025, revealing a significant improvement in both revenue and net income. The company reported a revenue of $7.5 million, marking a 56% increase from the $4.8 million recorded in the same period last year. This growth is attributed to strategic contract renewals, new client acquisitions, and operational efficiencies.
Net income for the quarter stood at $0.2 million, or $0.01 per share, a substantial recovery from a net loss of $2.6 million, or $0.08 per share, in the second quarter of 2024. Adjusted EBITDA also saw a dramatic increase, reaching $0.6 million compared to $0.1 million in the prior year. These results underscore Forian's successful execution of its business strategy and its ability to generate positive momentum in its markets.
Max Wygod, CEO and Executive Chairman of Forian, emphasized the company's focus on both organic growth and strategic investments to enhance its platform and deliver value across the healthcare ecosystem. The company's cash, cash equivalents, and marketable securities totaled $35.6 million as of June 30, 2025, providing a solid foundation for future growth and investment.
Forian has also reaffirmed its full-year 2025 outlook, expecting revenue to be in the range of $28 to $30 million and Adjusted EBITDA to range between ($1.0) to $1.0 million. This outlook reflects the company's confidence in its continued growth trajectory and operational discipline.
Investors and interested parties can access more information about Forian's financial results and future prospects by visiting the company's website at https://www.forian.com/investors. The company's performance in the second quarter of 2025 highlights its resilience and adaptability in a competitive market, making it a noteworthy player in the data science and analytics industry.
Curated from NewMediaWire
