Forward Reports Fiscal 2018 Second Quarter Results
Forward Industries, Inc. (FORD)
US:NASDAQ Investor Relations:
forwardindustries.com
Company Research
Source: GlobeNewswire
WEST PALM BEACH, Fla., May 21, 2018 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a leading product design and development company and distributor of custom carry and protective solutions today announced financial results for its second fiscal quarter ended March 31, 2018. Included in the second quarter results are the financial results from our new subsidiary, Intelligent Product Solutions (IPS), which we acquired on January 18, 2018. Second Quarter 2018 Financial Highlights Revenues were $9 million compared to $4.5 million from the second quarter of 2017. An increase of 98%. Income from Operations was $232 thousand compared to a loss of $237 thousand in the second quarter of 2017. Gross profit percentage increased to 20% compared to 15.8% in the second quarter of 2017. Net income was $948 thousand (inclusive of a non-cash tax benefit of $747 thousand) compared to net loss of $238 thousand in the second quarter of 2017. Net income per share was $0.10 per share co
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FORD
News
- Forward Industries, Inc. (NASDAQ: FORD) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Forward Industries, Inc. (NASDAQ: FORD) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Forward Industries, Inc. (NASDAQ: FORD) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Forward Industries, Inc. (NASDAQ: FORD) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Forward Industries, Inc. (NASDAQ: FORD) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
FORD
Sec Filings
- 4/22/24 - Form 8-K
- 4/17/24 - Form DEF
- 4/8/24 - Form PRE
- FORD's page on the SEC website