Forward Industries jumps after swinging to profit

Forward Industries

12/02/2021 22:43

** Product design and engineering co's shares  FORD.O  rise 
67.9% to $7.05 in extended trading - set to open at a near
15-year high if gains hold on Monday 
    ** Stock top pct gainer among Nasdaq-listed companies 
    ** Co reports 15.5% increase in Q1 revenue to $9.7 mln and
posts EPS of $0.12, compared with a loss of $0.01 per share a
year earlier   urn:newsml:reuters.com:*:nGNX8rs8K5
    ** Stock closed 7.1% higher on Friday, but ended the week in
the red for the first time since the turn of the year 
    ** Stock has gained over 270% in the last 12 months

 (Reporting by Uday Sampath in Bengaluru)
 ((UdaySampath.Kumar@thomsonreuters.com; within U.S.+1 646 223
8780; Twitter: https://twitter.com/sampath_uday  ;))