S&W Announces First Half and Second Quarter Fiscal 2020 Financial Results

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S&W Seed (SANW) Misses Q2 EPS by 5c, Revenues beat

February 12, 2020 8:02 AM EST

S&W Seed (NASDAQ: SANW) reported Q2 EPS of ($0.19), $0.05 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $12.35 million versus the consensus estimate of $10.73 million.

"Our financial results for the first half and second quarter of fiscal year 2020 are in line with our expectations as our refined sales and marketing approach continues to result in growth in our core business," commented Mark Wong, President & CEO of S&W Seed Company. "I believe we continue to be well-positioned to deliver core revenue growth and gross margin expansion... More