Forward Industries Reports Net Loss of $1.84 Million for the Nine Months Ended June 30, 2023
Company Generates $31.59 Million in Revenue During the Same Period
Forward Industries, Inc.(FORD) and its subsidiaries have rel eased their unaudited condensed consolidated financial statements for the nine months ended June 30, 2023. The financial data reveals a net loss of $1.84 million during this period, while the company reported generating $31.59 million in revenue. The report highlights key aspects of the company's financial performance, including its balance sheets, statements of operations, and shareholder equity.
Net Loss of $1.84 Million Reflects Operational Challenges
Forward Industries, Inc. faced operational challenges that contributed to a net loss of $1.84 million for the nine months ended June 30, 2023. The loss indicates a setback in the company's financial performance during this period.
Revenue Amounts to $31.59 Million Despite Operational Hurdles
