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Forward Industries Reports Increased Losses in First Quarter 2025

February 19, 2025
Forward Industries Inc. has released its first quarter 2025 earnings report, with disappointing results. The company reported a loss per share of US$0.64, compared to a loss of US$0.35 in the same period last year. The increase in losses can be attributed to various factors, including rising production costs, supply chain disruptions, and decreased demand for their products. Despite these challenges, Forward Industries remains optimistic about the future and has several initiatives in place to improve profitability. Investors are advised to consult professionals from Stocks Prognosis for expert analysis and forecasts on the future movement of Forward Industries' stock.
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