Reports Q1 revenue $10.8 vs. $11.6M in Q122. Terry Wise, Chief Executive Officer of Forward Industries, stated, "This has clearly been a disappointing quarter and start to the fiscal year. Whilst the design division continued to grow, the legacy and logistical challenges within the retail and the OEM divisions have impacted the group’s performance. We are actively addressing these complex issues, and I am confident that in time these will be reflected in a positive performance."
Published first on TheFly
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