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0.0275229357798165 0.0550458715596331 0.110091743119266 0.165137614678899 0.155963302752294 0.18348623853211 0.10091743119266 0.110091743119266
Stock impact report

Forward Reports Fiscal 2017 Third Quarter Results

Forward Industries, Inc. (FORD) 
US:NASDAQ Investor Relations: forwardindustries.com
Company Research Source: GlobeNewswire
WEST PALM BEACH, Fla., Aug. 14, 2017 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a designer and distributor of custom carry and protective solutions, today announced financial results for its third fiscal quarter ended June 30, 2017. Third Quarter 2017 Financial Highlights Revenues were $7.3 million vs $6.7 million when compared to the third quarter of 2016. Income from operations was $549 thousand compared to income of $85 thousand from the third quarter of 2016. Gross profit percentage was 17.4% in the third quarter of 2017 compared to 16.2% in the third quarter of 2016. Net income was $552 thousand compared to net income of $78 thousand in the third quarter of 2016. Earnings per share were $0.06 per share compared to $0.01 per share for the third quarter of 2016. Cash and cash equivalents totaled $4.1 million at June 30, 2017. Terry Wise, Chief Executive Officer of Forward Industries, stated, “We continue to focus our efforts to safeguard and grow our existing Show less Read more
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