Forward Industries Inc. (FORD) News
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FORD News Highlights
- FORD's 30 day story count now stands at 3.
- Over the past 8 days, the trend for FORD's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- COOL, DEC and SAP are the most mentioned tickers in articles about FORD.
Latest FORD News From Around the Web
Below are the latest news stories about FORWARD INDUSTRIES INC that investors may wish to consider to help them evaluate FORD as an investment opportunity.
How the EV market will be shaped in US, China in 2024US consumer demand for electric vehicles has started to wane as economic headwinds and inflation pick up, reducing affordability options. As inflation seems to cool and new competitors join the EV space, is there a possibility things could pick up in 2024? Bill Newman, Industry Executive Advisor at SAP North America, joins Yahoo Finance Live with Autos Reporter Pras Subramanian to discuss the state of the EV market, domestically and in China heading into 2024. Newman gives context to China's ability to expand with its existing electrical grid system and also explains competition entering the US. "I think that you're also seeing some not just in China, but you're seeing some of the Asia Pacific companies — VinFast (VFS) is one — take advantage of some of the IRA funding and some of the I... |
Is The Market Rewarding Forward Industries, Inc. (NASDAQ:FORD) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?It is hard to get excited after looking at Forward Industries' (NASDAQ:FORD) recent performance, when its stock has... |
FORD Stock Earnings: Forward Industries Reported Results for Q4 2023Forward Industries just reported results for the fourth quarter of 2023. |
Forward Reports Preliminary Fiscal 2023 Results: Record Revenues for Design Division Drive Profitability From Continuing OperationsHAUPPAUGE, N.Y., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced preliminary financial results for the fiscal year ended September 30, 2023. Preliminary Fiscal Year 2023 Financial Highlights Revenues were $36.7 million, a decrease of 3.9% from $38.2 million for 2022 with IPS from the design division recording record revenues in 2023.Gross margin declined to 22.8% compared to 23.0% for 2022.Income from con |
Why the Tesla Cybertruck has 'missed the moment'Tesla's Cybertruck (TSLA) is set to launch Thursday afternoon at its Gigafactory in Austin, Texas. While some investors are hyped for the release, there are those who feel that this isn't the big moment the company and investors were hoping for. Andrew Hawkins, The Verge Transportation Editor and Tom Narayan, Lead Equity Analyst, Global Autos for RBC Capital Markets, join Yahoo Finance to discuss their thoughts on the launch and what it means for the company and investors alike. Narayan describes the vehicle as a "halo car," designed to lure shoppers that Tesla can sell its other vehicles to. Hawkins explains his feelings: "When it [the Cybertuck] was first announced in 2019, there were no electric trucks on the market at that time. So if Tesla had actually released the truck and starte... |
U.S. EV sales pick up, top 300,000 in Q3 2023Despite American car buyers relaying a sense of uncertainty about purchasing an electric vehicle, U.S. EV sales have jumped nearly 50% year-over-year in the third quarter of 2023. Yahoo Finance Autos Reporter Pras Subramanian details the EV market share of American automakers and ongoing affordability concerns from consumers. Click here to watch more of Yahoo Finance's special coverage "EVs: The Road Ahead." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. |
Trump’s latest villain: Electric vehiclesTrump claims EVs are a "hoax," even though Elon Musk became the world's richest person by building them. |
UAW President Fain's 'unique' approach could extend strike: Barron's writerGM (GM) says the “ripple effect” of the UAW strike is responsible for their 2,000-employee layoff in Kansas and idle plants. Al Root, Barron’s senior writer tells Yahoo Finance’s Seana Smith and Brad Smith that he estimates about 30 days for the strike and believes that UAW President Shawn Fain's approach to striking at GM (GM), Ford (F), and Stellantis (STLA) is “unique”. Root warned people to "buckle up", noting that he does not believe the strike will be over "anytime soon." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. |
Intelligent Product Solutions, a Forward Industries Company, Receives Red Dot 2023 Award for Innovative Design with Verizon- Red Dot Design Award recognizes IPS’s high design quality for Verizon Receiver hardware product - HAUPPAUGE, N.Y., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), the product design division of Forward Industries (NASDAQ: FORD), today announced it received a prestigious Red Dot design award for its work on the Verizon Receiver. The Verizon Receiver, with a sophisticated look, delivers fast 5G internet to every home within the 5G coverage area. Red Dot award, the highly- |
Forward Reports Fiscal 2023 Third Quarter ResultsHAUPPAUGE, N.Y., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its third quarter ended June 30, 2023. Third Quarter Fiscal Year 2023 Financial Highlights Revenues were $10.1 million, a decrease of 4.7% from $10.6 million for the third quarter of fiscal year 2022.Gross margin declined to 18.0% compared to 18.1% for the third quarter of fiscal year 2022.Operating loss was $0.5 millio |