S&W Seed (SANW) Reports In-Line Q1 EPS
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S&W Announces Results for the First Quarter of Fiscal 2016
November 12, 2015 4:01 PM ESTFRESNO, Calif., Nov. 12, 2015 /PRNewswire/ -- S&W Seed Company (Nasdaq: SANW) today announced financial results for the first quarter of fiscal year 2016 ended September 30, 2015.
First Quarter Fiscal 2016 Financial Highlights:
Quarterly revenue increased 50.1% to $12.3 million compared to $8.2 million in the comparable quarter of fiscal 2015, driven primarily by organic revenue growth; Quarterly adjusted gross profit margins improved to 18.2% compared to gross profit margins of 16.1% for the first quarter of fiscal 2015; Quarterly Adjusted EBITDA (see Table B) of $(0.6) million compared to $(0.5) million in the first quarter of fiscal 2015;... More