S&W Seed grows sales, trims loss
LONGMONT — S&W Seed Co. (Nasdaq: SANW) saw its sales grow and losses shrink in the second quarter 2023.
The company’s adjusted net loss for the most recent period was $5.3 million, or 13 cents per share.
That performance failed to meet Wall Street expectations. Zacks Consensus Estimate for the quarter was a loss of 12 cents per share.
However, S&W’s sales were $12.9 million for the quarter, nearly 10% higher than Zacks Consensus Estimate and 2% better than revenues posted in the second quarter of 2021.
The company attributes the improved sales performance to United States sorghum and international alfalfa sales.
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
S&W Seed Co. (Nasdaq: SANW) disclosed late last week that it plans to file its…
-
Broomfield-based Premier Members Credit Union opened a new branch this week at 1425 S. Airport…
-
Winner's Circle, a family entertainment center, is expected to open up shop in Longmont in…
-
Gogo Inc. (Nasdaq: GOGO), a Broomfield-based provider of broadband connectivity services for the business aviation…
