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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

$75.38

-0.15%

$75.38

-0.15%

(24s)

24h Volume

$527,180,720.45

24h H/L

$75.74 / $75.17

Change: $0.5700 (0.76%)

Long/Short

72.3%

Long: 72.3%Short: 27.7%

Funding Rate

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Shorts pay

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Solana

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▲ 0.01%

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Resistance 2$77.1646

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Price$75.36

Support 1$75.1046

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Support 3$71.1825

Pivot (PP):$75.38

Trend:Downtrend

RSI (14):50.8

The Block Editorial

(09:19 AM UTC)

1 min read

Verified byDavid Kim

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…

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The Block Editorial · The Block

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