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Forward Industries, Inc. (FORD)

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  • GlobeNewswire

    Intelligent Product Solutions, a Forward Industries Company, Receives Red Dot 2023 Award for Innovative Design with Verizon

    - Red Dot Design Award recognizes IPS’s high design quality for Verizon Receiver hardware product - HAUPPAUGE, N.Y., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), the product design division of Forward Industries (NASDAQ: FORD), today announced it received a prestigious Red Dot design award for its work on the Verizon Receiver. The Verizon Receiver, with a sophisticated look, delivers fast 5G internet to every home within the 5G coverage area. Red Dot award, the highly-

  • GlobeNewswire

    Forward Reports Fiscal 2023 Third Quarter Results

    HAUPPAUGE, N.Y., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its third quarter ended June 30, 2023. Third Quarter Fiscal Year 2023 Financial Highlights Revenues were $10.1 million, a decrease of 4.7% from $10.6 million for the third quarter of fiscal year 2022.Gross margin declined to 18.0% compared to 18.1% for the third quarter of fiscal year 2022.Operating loss was $0.5 millio

  • GlobeNewswire

    Forward Reports Fiscal 2023 Second Quarter Results

    HAUPPAUGE, N.Y., May 12, 2023 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, manufacturing, sourcing and distribution group, today announced financial results for its second quarter ended March 31, 2023. Second Quarter Fiscal Year 2023 Financial Highlights Revenues were $10.7 million, an increase of 3.9% from $10.3 million for the second quarter of fiscal year 2022.Gross margin declined to 14.2% compared to 21.8% for the second quarter of fiscal year 2022.Operating