Ford Motor Co reported Q2 revenue of $46.94 billion, beating estimates, and adjusted earnings of 37 cents per share, also beating estimates. However, the company's shares slid in after-hours trading as it warned of a $2 billion tariff headwind. Ford expects full-year 2025 adjusted EBIT of $6.5 billion to $7.5 billion and full-year adjusted free cash flow of $3.5 billion to $4.5 billion.
Ford Motor Co. (NYSE: FORD) reported robust second-quarter (Q2) revenue of $46.94 billion, surpassing analysts' expectations. The company's adjusted earnings per share (EPS) also beat estimates at 37 cents. However, the stock slid in after-hours trading as Ford warned of a $2 billion tariff headwind for the year [1].
The company expects full-year 2025 adjusted EBIT of $6.5 billion to $7.5 billion and full-year adjusted free cash flow of $3.5 billion to $4.5 billion. Ford's CEO, Jim Farley, highlighted the company's focus on profitability and cost management [1].
Forward Industries Inc. (NASDAQ: FORD), a global design company serving medical and technology companies, has issued a reminder to shareholders regarding the upcoming Annual Shareholders Meeting scheduled for August 8, 2025. The company is urging shareholders to vote on several important proposals, with voting deadline set for August 7, 2025, at 11:59 PM ET. The key proposal involves the company's reincorporation from New York to Nevada, which the Board believes will provide better corporate governance and more flexible corporate laws [2].
Intelligent Product Solutions (IPS), a subsidiary of Forward Industries (NASDAQ: FORD), has joined Zebra Technologies' PartnerConnect program as a Registered Alliance Partner. IPS, specializing in product design and engineering with a focus on complex systems integration and custom software development, will gain access to Zebra's innovative portfolio, comprehensive training, and marketing benefits [3].
Intelligent Product Solutions (IPS), a subsidiary of Forward Industries (NASDAQ: FORD), has received a New York Product Design award for its design work on the EON Laser, an FDA-cleared fat reduction device developed for Dominion Aesthetic Technologies. The EON Laser represents a breakthrough in aesthetic medicine as the industry's first touch-free and painless treatment for subcutaneous fat reduction [4].
Intelligent Product Solutions (IPS), a subsidiary of Forward Industries (NASDAQ: FORD), has announced the promotion of Bob Wild to Chief Executive Officer (CEO). Former CEO and Co-founder Paul Severino will continue as President. Wild brings extensive experience from his previous roles at BAE Systems and Symbol Technologies [5].
Neuvotion, an early-stage medical device company, has expanded its partnership with Intelligent Product Solutions (IPS) to commercialize its NeuStim™ technology for stroke and spinal cord injury treatment. Forward Industries, IPS's parent company, has made an undisclosed investment in Neuvotion to accelerate the market launch of NeuStim™ [6].
Intelligent Product Solutions (IPS), a product design firm and division of Forward Industries (NASDAQ: FORD), has joined the Advancing a Sustainable Hospital-at-Home Ecosystem at Scale (HaH) project. The initiative aims to improve digitally-enabled home care [7].
Intelligent Product Solutions (IPS), a Forward Industries (NASDAQ: FORD) company, has announced the appointment of Brad Carlson as Vice President of Technology and Business Development. Dr. Carlson brings over 20 years of experience in medical devices and industrial markets, specializing in product strategy and development [8].
Forward Industries (NASDAQ: FORD) announced a 1-for-10 reverse stock split effective June 18, 2024. This move is aimed at complying with Nasdaq's $1.00 minimum bid price requirement [9].
Intelligent Product Solutions (IPS), a Forward Industries company, has launched the Advanced Concept Studio (ACS) division. ACS focuses on industrial design, UX/UI, product strategy, VR/AR visualization, and AI interface development [10].
Forward Industries, Inc. (NASDAQ:FORD) reported a decrease in revenues to $7.8 million in the second quarter of fiscal year 2024, down by 19.6% from the previous year. Despite an increase in gross margin to 20.5%, the company faced a loss from continuing operations of $0.5 million. The net loss was $0.6 million, with basic and diluted loss per share at $0.05. The cash balance stood at $2.3 million as of March 31, 2024 [11].
References:
[1] https://www.stocktitan.net/news/FORD/
[2] https://www.stocktitan.net/news/FORD/
[3] https://www.stocktitan.net/news/FORD/
[4] https://www.stocktitan.net/news/FORD/
[5] https://www.stocktitan.net/news/FORD/
[6] https://www.stocktitan.net/news/FORD/
[7] https://www.stocktitan.net/news/FORD/
[8] https://www.stocktitan.net/news/FORD/
[9] https://www.stocktitan.net/news/FORD/
[10] https://www.stocktitan.net/news/FORD/
[11] https://www.stocktitan.net/news/FORD/
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