S&W Seed (SANW) Misses Q4 EPS by 3c
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S&W Announces Results for the Fiscal Year 2015
September 16, 2015 4:01 PM EDTFRESNO, Calif., Sept. 16, 2015 /PRNewswire/ -- S&W Seed Company (Nasdaq: SANW) today announced financial results for the fourth quarter and fiscal year ended June 30, 2015.
Fourth Quarter Financial Highlights:
Quarterly revenue increased 46.8% to $28.7 million compared to $19.6 million in the comparable quarter of fiscal 2014; Quarterly gross margins improved to 21.6% compared to 18.6% for the fourth quarter of fiscal 2014; Quarterly Adjusted EBITDA (see Table B) increased to $3.0 million compared to $1.6 million in the fourth quarter of fiscal 2014; Adjusted EBITDA margins improved to 10.6% during the fourth quarter of fiscal 2015 compared... More