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Forum - Forward Industries - FORD   

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From: efbailey (Rep: 1750)Date: 05/15/2018 16:30
Forum: Forward Industries - Msg #2174Thread #674009479 (Rec: 0)
The registrant anticipates the Quarterly Report will reflect the following:
net revenues of approximately $9.0 million for three months ended March 31, 2018, compared to $4.5 million for three months ended March 31, 2017.
gross profit of approximately $1.8 million for three months ended March 31, 2018, compared to $0.7 million for three months ended March 31, 2017.
net income (loss) was approximately $948,000 for three months ended March 31, 2018, compared to $(238,000) for three months ended March 31, 2017. 
$747,000 of the increase in net income for the three months ended March 31, 2018 was primarily as a result of a non-cash tax benefit.
These amounts may change based on adjustments made, if any, during the review of the registrant’s financial statements by its auditors. 

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