Analysis: Forward Air – the tortuous road to that 'magical break-even point'
A ($1bn) touch here, another touch there…
PRESS RELEASE
27/06/2024
Consolidated EBITDA Increases from $300 Million to $324 Million Following Addition of Allowable Addbacks
GREENEVILLE, Tenn.?(BUSINESS WIRE)? Forward Air Corporation (NASDAQ: FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today announced updates to certain previously released non-GAAP financial measures for the twelve months ended March 31, 2024, to include adjustments to the previously released non-GAAP financial measures.
When Forward released first quarter 2024 earnings on May 8, 2024, the Company made ...
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