S&W Seed grows revenues in fourth quarter, full-year 2023

LONGMONT — S&W Seed Co. (Nasdaq: SANW) saw its revenues sprout upward in both the final quarter of 2023 and for the full fiscal year.

Sales of the most recent quarter and full year were $23 million and $73.5 million, respectively, up from $20 million and $71.4 million in the respective periods last year.

The company posted an adjusted net loss for fiscal 2023 of $18.5 million, an improvement on the loss of $34.7 million in 2022. 

“S&W successfully executed on a number of strategic initiatives in fiscal 2023 to unlock value and position the company for success going forward, including the successful…