S&W closes out 2020 with mixed quarter
LONGMONT — S&W Seed Co. (Nasdaq: SANW) just beat out its revenue expectations in the final quarter of 2020 but ultimately posted a larger-than-expected loss.
The Longmont-based seed developer had revenues of $15.05 million in the quarter but had an earnings-per-share loss of 23 cents, beating Wall Street consensus estimates by $380,000 and missing by 6 cents, respectively, according to data from finance site Seeking Alpha.
S&W ultimately posted a net loss of $8.39 million in the quarter.
Overall, the company generated $28.9 million in revenue throughout 2020, an increase of about $4.3 million from…
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