Forward Industries ( NASDAQ:FORD ) Second Quarter 2024 Results Key Financial Results Revenue: US$7.83m (down 27% from...
HAUPPAUGE, N.Y., May 10, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its second quarter ended March 31, 2024. Second Quarter Fiscal Year 2024 Financial Highlights Revenues were $7.8 million, a decrease of 19.6% from $9.7 million for 2023. Gross margin increased to 20.5% compared to 19.8% for 2023.Loss from continuing operations was $0.5 million compared to $0.1 million in 2023 and net los
This earnings has started with a whimper.