Forian Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 4.87 million compared to USD 3.53 million a year ago. Net income was USD 6.5 million compared to net loss of USD 11.85 million a year ago.

Basic loss per share from continuing operations was USD 0.08 compared to USD 0.32 a year ago. Diluted loss per share from continuing operations was USD 0.08 compared to USD 0.32 a year ago. Basic earnings per share was USD 0.19 compared to basic loss per share of USD 0.37 a year ago.

Diluted earnings per share was USD 0.19 compared to diluted loss per share of USD 0.37 a year ago.