S&W Announces Fiscal 2018 Financial Results

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S&W Seed (SANW) Misses Q4 EPS by 16c, Revenues Miss

September 20, 2018 8:04 AM EDT

S&W Seed (NASDAQ: SANW) reported Q4 EPS of ($0.24), $0.16 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $9.89 million versus the consensus estimate of $13.7 million.

Mark Wong, president and chief executive officer of S&W Seed Company, commented, "Over the past year, the management team and S&W's board have been aligned on a comprehensive strategic plan to become a more diversified middle market agricultural company. Our focus is to evolve beyond our dependence on our alfalfa seed operations and certain geographical markets which carry higher political,... More