S&W Seed (SANW) Reports Q3 EPS of 16c

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Go back to S&W Seed (SANW) Reports Q3 EPS of 16c

S&W Announces Record Results for the Third Quarter of Fiscal Year 2015

May 14, 2015 4:01 PM EDT

FRESNO, Calif., May 14, 2015 /PRNewswire/ -- S&W Seed Company (Nasdaq: SANW) today announced financial results for the third quarter of its fiscal year 2015 ended March 31, 2015.

Third Quarter Financial Highlights:

Record quarterly revenue of $30.5 million compared to $8.1 million in the comparable quarter of fiscal 2014; Gross margins improved to 23.3% compared to 20.3% for the third quarter of fiscal 2014, and up from adjusted gross margins of 16.2% in the second quarter of fiscal 2015; Record quarterly Adjusted EBITDA (see Table B) of $4.6 million compared to a loss of $(0.0) million in the third quarter of fiscal 2014;... More