Forge Global Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 01:40 am IST
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Forge Global Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 16.72 million compared to USD 16.64 million a year ago. Net loss was USD 24.89 million compared to USD 5.12 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to USD 0.2 a year ago.
For the six months, revenue was USD 32.2 million compared to USD 36.66 million a year ago. Net loss was USD 46.08 million compared to USD 69.54 million a year ago. Basic loss per share from continuing operations was USD 0.27 compared to USD 0.6 a year ago. Diluted loss per share from continuing operations was USD 0.27 compared to USD 0.66 a year ago.
Forge Global Holdings, Inc. is a provider of marketplace infrastructure, data services and technology solutions for private market participants. The Company offers trading platforms, proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors navigate and transact in the private market. Its solutions include trading solutions, custody solutions, and data solutions. Its trading solutions include Forge Markets, a platform that connects investors with private company shareholders and enables them to facilitate private share transactions. Its custody solutions include Forge Trust, a non-depository trust that enables clients to securely have custody and manage assets through an online portal. Its data solutions include Forge Data, which provides market participants with the information and insight to navigate, analyze and make investment decisions in the private market.
FORGE GLOBAL HOLDINGS, INC. 
