Forum Markets Reports Q3 Results and Lowers Full-Year 2026 Revenue Guidance
Key Facts
Forum Markets reported financial results for the third quarter ended September 30, 2026, posting net income of $7.9 million, or $0.52 per basic share. According to a statement released via PR Newswire, the company updated its full-year 2026 financial guidance, now expecting revenue between $8 million and $9 million, down from its previous forecast of $18 million to $22 million.
FRMM closed at $2.95 on November 11, 2026, with the session's trading range between $2.72 and $2.98. The company noted that the quarterly performance reflected a reduction in selling, general, and administrative expenses to $8.7 million from $224.6 million in the prior-year period, while it maintained its existing revenue outlook for 2027.