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Forge Global Reports 13.6% Revenue Growth Despite Losses

Forge Global Holdings, Inc. announces a significant loss of $66.33 million for the full year. However, its revenue grew by 13.6% to reach $79.33 million, showing resilience despite the financial downturn.

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AI Rating:   5

Earnings Per Share (EPS): Forge Global Holdings, Inc. has reported an EPS of -$0.36, which is an improvement from -$0.52 in the previous year. Although the company remains in the negative, the reduction in losses indicates potential for recovery.

Revenue Growth: The company experienced a notable revenue increase of 13.6%, rising to $79.33 million from $69.82 million year-over-year. This is a strong indicator of demand for Forge's services and could signal future growth opportunities.

Overall, while Forge Global's losses are concerning, the improvement in EPS and the substantial revenue growth present a mixed but somewhat optimistic outlook for the company moving forward.