Unexpected Financial Struggles at Forge Global
Forge Global Holdings (NYSE:FRGE) unveiled its financial performance for the fourth quarter of 2023, delivering disappointing results that fell short of market expectations.
An Unfortunate Earnings Report
- Earnings per share stood at -15 cents, missing the analyst consensus of -10 cents.
- Revenue for the quarter was reported at $19.06 million, showing a 2.61% variance from the projected $19.57 million.
Automated Earnings Insights
The disclosure comes as part of the InvestorPlace Earnings project, a data-driven tool leveraging TradeSmith data to streamline coverage of quarterly earnings. Through this initiative, key metrics such as earnings per share and revenue are analyzed alongside analyst predictions, providing readers with real-time updates on corporate financial performance.
Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/frge-stock-earnings-forge-global-holdings-for-q4-of-2023/.
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