S&W Announces Second Quarter Fiscal 2019 Financial Results

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S&W Seed (SANW) Tops Q2 EPS by 2c, Revenues Miss

February 12, 2019 8:05 AM EST

S&W Seed (NASDAQ: SANW) reported Q2 EPS of ($0.07), $0.02 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $18.58 million versus the consensus estimate of $20 million.

Mark Wong, President & CEO of S&W Seed Company, commented, "We believe S&W's transformation is firmly underway to becoming a multi-crop, middle-market agricultural company, with a focus on developing higher value crops through technological advances and proprietary breeding. While we only recently acquired the sorghum assets of Chromatin, our conviction in the synergies that we believed would be available is growing... More