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Forward Industries Inc. Shows Strong Earnings Report for Fiscal Year 2024

Published on December 30, 2024
Forward Industries Inc. (NASDAQ:FORD) recently released its earnings report for the fiscal year 2024, revealing a significant loss per share of US$1.42 compared to a profit of US$0.16 per share in FY 2023. Despite this, the company's shares soared by 31%, capturing investors' attention. However, experts at Stocks Prognosis recommend caution and advise seeking professional advice before making any investment decisions regarding the future movement of FORD stocks.

Investor opinions & comments

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MoneyMabel

January 1, 2025 at 08:32

I'm not sure if investing in Forward Industries right now is a wise decision, considering the significant loss per share in fiscal year 2024

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LucasPrice

December 31, 2024 at 20:28

I would love to know what prompted the 31% increase in the company's shares despite the reported loss per share

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EmilyMiller

December 31, 2024 at 14:14

It's concerning to see such a significant loss per share for Forward Industries. I hope they have a solid plan for improving their financial performance

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ChloeJames

December 31, 2024 at 04:03

I wonder what factors contributed to the significant loss per share for Forward Industries in fiscal year 2024

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CashClaire

December 30, 2024 at 15:11

I'm really interested in seeing how Forward Industries plans to recover from this significant loss in earnings per share