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Benzinga
Benzinga
Business
Vaishali Prayag

Forward Industries Recovers After Q3 Revenue Decline and Earnings Miss

Forward Industries Ford Sean Stewart
Blockchain,Technology,Concept,,Revolutionizing,Industries,,Exploring,The,Boundless,Potential,Of

Forward Industries Inc. (NASDAQ:FORD) shares initially traded lower before recovering earlier losses after the company reported a year-over-year decline in third-quarter financial results.

What To Know: Revenue for second-quarter 2025 came in at $619 million, down 3.9% from the prior year, missing the $640.35 million forecast. Earnings per share also came in below expectations, which contributed to initial selling pressure, accorsing to Investing.com.

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