Forward Industries (FORD) Reports Q4 EPS of $0.03

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Forward Reports Fiscal 2015 and Fourth Quarter Results

December 9, 2015 4:05 PM EST

WEST PALM BEACH, Fla., Dec. 09, 2015 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FORD), a designer and distributor of custom carry and protective solutions, today announced financial results for its fourth fiscal quarter ended September 30, 2015.

Fourth Quarter 2015 Financial Highlights

Revenues were approximately $7.6 million compared to $9.2 million in the fourth quarter of 2014.    Gross profit percentage increased by 2.3% to 20.2% from 17.9% in the fourth quarter of 2014. Income from Operations was $265 thousand up from a loss of $369 thousand in the fourth quarter of... More