Forward Industries Fiscal Q3 Loss Widens, Revenue Rises

MT Newswires Live

08/13

Forward Industries (FWDI) reported a fiscal Q3 loss late Wednesday of $0.80 per diluted share, widening from a loss of $0.77 a year earlier.

Three analysts polled by FactSet expected earnings of $0.03.

Revenue for the three months ended June 30 was $10.8 million, up from $2.5 million a year earlier.

Three analysts expected $12.6 million.

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