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Stock impact report

Forward Reports Fiscal 2019 Third Quarter Results

Forward Industries, Inc. (FORD) 
US:NASDAQ Investor Relations: forwardindustries.com
Company Research Source: GlobeNewswire
WEST PALM BEACH, Fla., Aug. 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 its third fiscal quarter ended June 30, 2019.  Included in the 2019 financial results is a full fiscal quarter of our consolidated entities including Intelligent Product Solutions (IPS), our design and development business, which we acquired on January 18, 2018.  Third Quarter 2019 Financial Highlights  Revenues were $9.9 million compared to $9.5 million from the third quarter of 2018. An increase of 4.2%. Loss from Operations was $50 thousand compared to a loss of $210 thousand in the third quarter of 2018.   Gross profit percentage decreased to 19.1% compared to 20.1% in the third quarter of 2018. Net loss was $104 thousand compared to net income of $235 Show less Read more
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