ForgeRock Announces First Quarter 2022 Financial Results

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ForgeRock Inc (FORG) PT Lowered to $28 at Cowen

May 12, 2022 6:40 AM EDT

Cowen analyst Shaul Eyal lowered the price target on ForgeRock Inc (NYSE: FORG) to $28.00 (from $38.00) while maintaining an Outperform rating following earnings.

The analyst commented, "FORG posted a solid 1Q22, with ARR accelerating to 35% y/y for a second Q in a... More

ForgeRock, Inc (FORG) Tops Q1 EPS by 4c

May 11, 2022 4:15 PM EDT

ForgeRock, Inc (NYSE: FORG) reported Q1 EPS of ($0.12), $0.04 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $48.1 million versus the consensus estimate of $46.64 million.

GUIDANCE:

ForgeRock, Inc sees FY2022 EPS of ($0.45)-($0.41), versus the consensus of... More