S&W Announces First Quarter Fiscal 2020 Financial Results

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S&W Seed (SANW) Tops Q1 EPS by 2c, Revenues Beat; Provides FY20 Revenue Guidance

November 13, 2019 6:02 AM EST

S&W Seed (NASDAQ: SANW) reported Q1 EPS of ($0.13), $0.02 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $12.27 million versus the consensus estimate of $9.77 million.

"I am very pleased with the improved financial results during the first quarter as the first stage of our refined go to market strategy begins to take hold," commented Mark Wong, President & CEO of S&W Seed Company. "Core Revenue increased by approximately 36% over the first quarter of the prior year, driven by double digit growth in our alfalfa and sunflower operations, and contributions from... More