Forward Industries: Forward Industries, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2024

Forward Industries, Inc. reported earnings results for the third quarter and nine months ended June 30, 2024. For the third quarter, the company reported sales was USD 7.77 million compared to USD 8.59 million a year ago. Revenue was USD 7.89 million compared to USD 8.71 million a year ago. Net loss was USD 0.399585 million compared to USD 0.536744 million a year ago. Basic loss per share from continuing operations was USD 0.34 compared to basic earnings per share from continuing operations of USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.34 compared to diluted earnings per share from continuing operations of USD 0.12 a year ago. Basic loss per share was USD 0.36 compared to USD 0.49 a year ago. Diluted loss per share was USD 0.36 compared to USD 0.49 a year ago. For the nine months, sales was USD 22.4 million compared to USD 27.69 million a year ago. Revenue was USD 22.87 million compared to USD 28.2 million a year ago. Net loss was USD 1.31 million compared to USD 1.84 million a year ago. Basic loss per share from continuing operations was USD 1.18 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 1.18 compared to USD 0.07 a year ago. Basic loss per share was USD 1.19 compared to USD 1.67 a year ago. Diluted loss per share was USD 1.19 compared to USD 1.67 a year ago.