Forward Industries, Inc. reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was USD 10.66 million compared to USD 10.31 million a year ago. Net loss was USD 0.870948 million compared to USD 0.356335 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to USD 0.04 a year ago.
For the six months, sales was USD 21.47 million compared to USD 21.93 million a year ago. Net loss was USD 1.3 million compared to USD 0.176311 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.02 a year ago.