Community Articles

via The Block · By The Block Editorial

Forward Industries posts over 300% revenue growth but wider quarterly net loss amid SOL markdowns

SOL

SOL/USDT

$67.62

-3.03%

$67.62

-3.03%

(24s)

24h Volume

$3,463,397,078.91

24h H/L

$70.44 / $64.71

Change: $5.73 (8.85%)

Long/Short

77.7%

Long: 77.7%Short: 22.3%

Funding Rate

-0.0048%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$67.78

▼ -0.50%

Volume (24h): -

Resistance Levels

Resistance 3$74.753

Resistance 2$70.815

Resistance 1$68.2329

Price$67.78

Support 1$67.3467

Support 2$63.6142

Support 3$60.13

Pivot (PP):$67.8333

Trend:Downtrend

RSI (14):39.6

The Block Editorial

(09:19 AM UTC)

1 min read

Verified byDavid Kim

1374 views

0 comments

Solana treasury firm Forward Industries reported strong revenue growth but a widened net loss for the quarter ended March 31, as crypto market volatility weighed on results.

According to its earnings report released Thursday, Forward Industries generated $13 million in revenue for the quarter, up 319% from the same period last year. The increase was mainly driven by staking revenue from the…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

The Block Editorial · The Block

Read original →

Live SOL price →More SOL news →

Comments