Forward Industries, Inc., together with its subsidiaries, designs, markets, and distributes carry and protective solutions primarily for hand held electronic devices. It provides carrying cases and other accessories for medical monitoring and diagnostic kits; and other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, smartphones, GPS location devices, tablets, firearms, and other products. The company sells its products to original equipment manufacturers in the Asia-Pacific, the Americas, Europe, the Middle East, and Africa. Forward Industries, Inc. was incorporated in 1961 and is headquartered in Hauppauge, New York.
IPO Year:
Exchange: NASDAQ
Website: forwardindustries.com
HAUPPAUGE, N.Y., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), a Forward Industries (NASDAQ:FORD) company, announced today that Brad Carlson joined the company as Vice President of Technology and Business Development. A leading research and development executive, Dr. Carlson has more than 20 years of experience in medical devices and industrial markets specializing in product strategy, new product development, and revenue growth through differentiated product launches. "We are pleased to have Brad join the IPS team, expanding the depth of our management team," said Bob Wild, Chief Operating Officer for Intelligent Product Solutions. "His expertise as a top enginee
HAUPPAUGE, N.Y., June 14, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD) ("Forward" or the "Company"), a global design, sourcing, and distribution company serving top tier medical and technology customers, announced today that it will effect a 1-for-10 reverse stock split ("Reverse Stock Split") of its common stock, par value $0.01 per share ("Common Stock"), that will become effective on June 18, 2024, at 12:01 a.m., Eastern Time. Forward's Common Stock will continue to trade on The Nasdaq Capital Market ("Nasdaq") under the existing symbol "FORD" and will begin trading on a split-adjusted basis when the market opens on June 18, 2024. The new CUSIP number for the Common S
HAUPPAUGE, N.Y., June 12, 2024 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), a Forward Industries (FORD) company, today announced the launch of its Advanced Concept Studio division, leveraging its expert Industrial Design and UI/UX team and growing capabilities. Advanced Concept Studio is focused on human-centered design, product strategy, physical and digital product design, user experience design, VR/AR visualization and AI interface development. Over the past decade, the award-winning design team at IPS, now named Advanced Concept Studio (ACS), has developed remarkable products, ranging from a suite of enterprise computing devices for Zebra Technologies to a variety of med
HAUPPAUGE, N.Y., May 10, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its second quarter ended March 31, 2024. Second Quarter Fiscal Year 2024 Financial Highlights Revenues were $7.8 million, a decrease of 19.6% from $9.7 million for 2023. Gross margin increased to 20.5% compared to 19.8% for 2023.Loss from continuing operations was $0.5 million compared to $0.1 million in 2023 and net loss was $0.6 million compared to $0.9 million in 2023. Basic and diluted loss per share from continuing operations was $0.05 compared to $0.01 for 2023.Cash balance of $2.3 million at March 31,
HAUPPAUGE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its first quarter ended December 31, 2023. First Quarter Fiscal Year 2024 Financial Highlights Revenues were $7.2 million, a decrease of 26.7% from $9.8 million for 2023. Gross margin increased to 23.0% compared to 20.2% for 2023.Loss from continuing operations was $0.4 million compared to $0.1 million in 2023 and net loss was $0.4 million compared to $0.4 million in 2023. Basic and diluted loss per share from continuing operations was $0.04 compared to $0.01 for 2023.Cash balance of $3.0 million at December
HAUPPAUGE, N.Y., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), an award-winning global product design firm, today announced that Jan Niewiadomski was named Chief Technology Officer. Expanding its management team, IPS also announced that James Wightman was promoted to Vice President of Engineering and Ralph Cassara to Fellow and Digital Health Leader. IPS is a subsidiary of Forward Industries (FORD). With deep experience in medical devices, defense, and international business, Jan Niewiadomski was promoted to Chief Technology Officer. During his more than eight years at IPS, he and the Systems Architecture team have been instrumental in architecting and developing
HAUPPAUGE, N.Y., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced preliminary financial results for the fiscal year ended September 30, 2023. Preliminary Fiscal Year 2023 Financial Highlights Revenues were $36.7 million, a decrease of 3.9% from $38.2 million for 2022 with IPS from the design division recording record revenues in 2023.Gross margin declined to 22.8% compared to 23.0% for 2022.Income from continuing operations was $0.2 million compared to $0.4 million in 2022 and net loss was $3.7 million compared to $1.4 million in 2022. Basic and diluted earnings per share from continuing operations
- 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-regarded seal for outstanding design quality worldwide, is one of the biggest design competitions in the world, with roughly 20,000 entries per year from 60 countries. It recognizes high design qua
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 million compared to $0.4 million for the third quarter of fiscal year 2022. Basic and diluted loss per share was $0.05 compared to $0.04 for the third quarter of fiscal year 2022.Cash balance of $2.8
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 loss was $0.8 million compared to $0.3 million for the second quarter of fiscal year 2022. Basic and diluted loss per share was $0.09 compared to $0.04 for the second quarter of fiscal year 2022
4 - Forward Industries, Inc. (0000038264) (Issuer)
4 - Forward Industries, Inc. (0000038264) (Issuer)
4 - Forward Industries, Inc. (0000038264) (Issuer)
4 - Forward Industries, Inc. (0000038264) (Issuer)
4 - Forward Industries, Inc. (0000038264) (Issuer)
4 - Forward Industries, Inc. (0000038264) (Issuer)
3 - Forward Industries, Inc. (0000038264) (Issuer)
4 - Forward Industries, Inc. (0000038264) (Issuer)
4 - Forward Industries, Inc. (0000038264) (Issuer)
4 - Forward Industries, Inc. (0000038264) (Issuer)
Forward Industries's (NYSE:FORD) short percent of float has risen 974.69% since its last report. The company recently reported that it has 120 thousand shares sold short, which is 17.41% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.97 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short i
Forward Industries's (NYSE:FORD) short percent of float has fallen 3.57% since its last report. The company recently reported that it has 112 thousand shares sold short, which is 1.62% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.56 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short int
Forward Industries, Inc. (NASDAQ:FORD) ("Forward" or the "Company"), a global design, sourcing, and distribution company serving top tier medical and technology customers, announced today that it will effect a 1-for-10 reverse stock split ("Reverse Stock Split") of its common stock, par value $0.01 per share ("Common Stock"), that will become effective on June 18, 2024, at 12:01 a.m., Eastern Time. Forward's Common Stock will continue to trade on The Nasdaq Capital Market ("Nasdaq") under the existing symbol "FORD" and will begin trading on a split-adjusted basis when the market opens on June 18, 2024. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 349862
Gainers Golden Heaven Group Hldgs (NASDAQ:GDHG) shares moved upwards by 74.8% to $0.31 during Wednesday's pre-market session. The market value of their outstanding shares is at $16.1 million. Neo-Concept International (NASDAQ:NCI) shares moved upwards by 15.07% to $0.73. The company's market cap stands at $14.7 million. Singing Machine Co (NASDAQ:MICS) shares moved upwards by 11.7% to $2.1. The market value of their outstanding shares is at $13.4 million. Wah Fu Education Group (NASDAQ:WAFU) shares moved upwards by 9.99% to $2.09. The company's market cap stands at $9.2 million. Digital Brands Group (NASDAQ:DBGI) shares rose 9.82% to $1.9. The company's market cap stands at $3.7 million
Gainers Faraday Future (NASDAQ:FFIE) shares increased by 16.8% to $1.39 during Monday's pre-market session. The market value of their outstanding shares is at $59.3 million. Deckers Outdoor (NYSE:DECK) shares increased by 12.9% to $1021.36. The company's market cap stands at $26.2 billion. As per the news, the Q4 earnings report came out 2 days ago. Cenntro (NASDAQ:CENN) shares moved upwards by 9.37% to $1.9. The company's market cap stands at $58.6 million. China Liberal Education (NASDAQ:CLEU) stock moved upwards by 7.54% to $1.14. The market value of their outstanding shares is at $3.8 million. China Automotive Systems (NASDAQ:CAAS) shares increased by 7.44% to $3.75. The market valu
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Tencent Music Entertainment Group (NYSE:TME) to report quarterly earnings at 14 cents per share on revenue of $916.95 million before the opening bell, according to data from Benzinga Pro. Tencent Music Entertainment shares fell 0.6% to $13.26 in after-hours trading. JanOne Inc. (NASDAQ:JAN) announced plans to acquire ALT 5 Sigma Inc. The deal is projected to close in the week of May 13th.JanOne shares jumped 12.2% to $4.50 in the after-hours trading session. Analysts are expecting StoneCo Ltd. (NASDAQ:STNE) to post quarterly earnin
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8-K - Forward Industries, Inc. (0000038264) (Filer)
8-K - Forward Industries, Inc. (0000038264) (Filer)
8-K - Forward Industries, Inc. (0000038264) (Filer)
8-K - Forward Industries, Inc. (0000038264) (Filer)
8-K - Forward Industries, Inc. (0000038264) (Filer)
10-Q - Forward Industries, Inc. (0000038264) (Filer)
8-K - Forward Industries, Inc. (0000038264) (Filer)
8-K - Forward Industries, Inc. (0000038264) (Filer)
8-K - Forward Industries, Inc. (0000038264) (Filer)
8-K - Forward Industries, Inc. (0000038264) (Filer)