Forward Air takes financial hit from cyberattack

Forward Air has put specific numbers on the financial blow it took in the fourth quarter from the cyberbattack that hit its operations in mid-December. 

In a filing with the Securities and Exchange Commission, Forward Air (NASDAQ: FWRD) said its net income per diluted share from continuing operations will be 53 cents to 55 cents in the fourth quarter. Its earlier estimate on EPS for the quarter was 71 cents to 75 cents. 

Net income in the quarter last year was 85 cents per share.

Forward Air in...

https://www.freightwaves.com/news/forward-air-takes-financial-hit-from-cyberattack

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