Forward Industries (NASDAQ:FORD) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$7.83m (down 27% from 2Q 2023).

• Net loss: US$545.7k (loss narrowed by 37% from 2Q 2023).

• US$0.054 loss per share (improved from US$0.087 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Forward Industries shares are up 1.6% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Forward Industries (1 is potentially serious!) that you need to take into consideration.

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