Forward Industries, Inc. (FORD) Reports Q2 Loss of $0.04/Share

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Forward Reports Fiscal 2014 Second Quarter Results

May 15, 2014 5:00 PM EDT

WEST PALM BEACH, Fla., May 15, 2014 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (Nasdaq: FORD), a designer and distributor of custom carry and protective solutions, today announced financial results for its second fiscal quarter ended March 31, 2014.

After reporting annual operating income in fiscal 2013 for the first time since fiscal 2006, Forward continued to generate operating income of $64 thousand for the first six months of fiscal 2014, despite a softer than anticipated second quarter during which Forward incurred a loss. Key financial results for the fiscal 2014 first quarter and for the fiscal 2014 six-month period, compared to the fiscal 2013... More