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Stock impact report

Forward Reports Fiscal 2019 First Quarter Results

Forward Industries, Inc. (FORD) 
US:NASDAQ Investor Relations: forwardindustries.com
Company Research Source: GlobeNewswire
WEST PALM BEACH, Fla., Feb. 14, 2019 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a single source solution provider for the full spectrum of hardware and software product design and engineering services as well as a designer and distributer of carry and protective solutions, today announced financial results for the first quarter of fiscal year ended September 30, 2019. First Quarter 2019 Financial Highlights Loss from Operations was $481 thousand compared to income from operations of $51 thousand for the first quarter of 2018.   Revenues were $10.2 million vs $6.3 million compared to the first quarter of 2018.  Gross profit percentage declined to 12.8% in the first quarter of 2018 compared to 15.8% in the first quarter of 2018. Net loss for the quarter was $531 thousand compared to net income of $47 thousand in the first quarter of 2018. Loss per share was $.06 per share compared to $.01 per share for the first quarter of 2018. Terry Wise, Chief Executive Officer Show less Read more
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