Forward Industries, Inc. reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was USD 10.13 million compared to USD 10.59 million a year ago. Net loss was USD 0.536744 million compared to USD 0.418913 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to USD 0.04 a year ago.
For the nine months, sales was USD 31.59 million compared to USD 32.52 million a year ago. Net loss was USD 1.84 million compared to USD 0.595224 million a year ago. Basic loss per share from continuing operations was USD 0.18 compared to USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.18 compared to USD 0.06 a year ago.