STOCK TITAN

Forward Industries, Inc. - FORD STOCK NEWS

Welcome to our dedicated news page for Forward Industries (Ticker: FORD), a resource for investors and traders seeking the latest updates and insights on Forward Industries.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Forward Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Forward Industries's position in the market.

Rhea-AI Summary
Forward Industries, Inc. (NASDAQ:FORD) reported a decrease in revenues by 26.7% for the first quarter of fiscal year 2024, with a gross margin increase to 23.0%. The company experienced a loss from continuing operations of $0.4 million, with a cash balance decrease of 5% compared to the previous quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.67%
Tags
-
Rhea-AI Summary
Intelligent Product Solutions (IPS) has expanded its management team, with Jan Niewiadomski being named Chief Technology Officer, James Wightman being promoted to Vice President of Engineering, and Ralph Cassara to Fellow and Digital Health Leader. IPS is a subsidiary of Forward Industries (FORD). Niewiadomski has extensive experience in medical devices, defense, and international business. Wightman has over 13 years of experience at IPS and expertise in electronics and electrical systems. Cassara, with over two decades of experience, will head IPS' practice focused on digital health and medtech product design.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.05%
Tags
none
-
Rhea-AI Summary
Forward Industries, Inc. (NASDAQ:FORD) preliminary fiscal year 2023 financial results show a decrease in revenues, a decline in gross margin, and a net loss. The company's CEO remains optimistic about future growth and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.29%
Tags
Rhea-AI Summary
IPS receives Red Dot design award for Verizon Receiver
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.72%
Tags
none
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
Forward Industries, Inc.

Nasdaq:FORD

FORD Rankings

FORD Stock Data

5.38M
6.40M
31.05%
13.24%
1.39%
All Other Plastics Product Manufacturing
Manufacturing
Link
United States
Hauppauge

About FORD

forward industries, inc., incorporated in 1961, designs, markets and distributes soft-sided carrying cases, bags, clips and other accessories for the handheld consumer electronic product industry, including cellular telephones and medical monitoring and diagnostic kits. its principal customers are original equipment manufacturers (oems). the company’s suppliers custom manufacture its carrying cases and related products to the order of its original equipment manufacturer (oem) customers. forward industries designs and markets to its customers’ order soft-sided carrying cases, bags, hand straps, clips and decorative faceplates made of leather, nylon, vinyl, plastic, polyvinyl chloride (pvc) and other synthetic fabrics through its wholly owned subsidiaries, koszegi and forward innovations. (these subsidiaries are discussed below.) its products are used by consumers for carrying or transporting portable electronic products such as cellular telephones, medical monitoring and diagnostic kits