Forge Global Hldgs Inc (FRGE) said after close Tuesday that it lost $0.15 per share in quarter four 2023.
On the revenue line, the company reported $19.1 million, missing estimates by $511 thousand.
In the same quarter a year ago, the company lost $0.15 per share on revenue of $16.8 million.
The stock is down 20.38% to $2.06 after the report.
The average recommendation from Wall Street analysts was a Buy which may get revised based on this new data.
Trading in the five days leading up to the report earned Forge Global Hldgs Inc a Neutral Sentiment Rank from InvestorsObserver.
Prior to the report, InvestorsObserver gave the stock an overall score of 45. Meanwhile, the average Wall Street analyst rated the stock a Buy.
Forge Global Holdings Inc is a financial service platform created to serve the unique needs of the private market.
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Forge Global Hldgs Inc Down 20.38% To $2.06 After Earnings Miss
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