Revenue Update on S&W Seed Company(NASDAQ:SANW)

S&W Seed Company(NASDAQ:SANW) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Sep 15, 2016. Company reported revenue of $34.64M. Analysts estimated a revenue of $33.72M. Earnings per share were $0.08. Analysts had estimated an EPS of $0.06.

S&W Seed Company (SANW) shares turned negative on Tuesdays trading session with the shares closing down -0.03 points or -0.61% at a volume of 16,157. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $4.919. The peak price level was also seen at $4.919 while the days lowest was $4.85. Finally the shares closed at $4.85. The 52-week high of the shares is $5.1 while the 52-week low is $3.9. According to the latest information available, the market cap of the company is $83 M.

Several Insider Transactions has been reported to the SEC. On Jul 6, 2016, Mark S Grewal (President and CEO) sold 1,181 shares at $4.31 per share price.Also, On Jul 6, 2016, Matthew K Szot (EVP Finance & Admin and CFO) sold 1,100 shares at $4.31 per share price.On Mar 2, 2016, Mick Fleming (director) purchased 2,500 shares at $4.19 per share price, according to the Form-4 filing with the securities and exchange commission.

S&W Seed Company (S&W) is engaged in breeding growing processing and selling agricultural commodities principally alfalfa seed. The Company is a producer of warm climate high-yield alfalfa seed varieties including varieties that can thrive in poor saline soils. The Company also offers seed cleaning and processing for other seed manufacturers. S&W owns a seed-cleaning and processing facility in Five Points California. The property includes a total of 40 acres including 35 acres that are in reserve for future development and five acres with permanent structures and three seed-processing lines. The Company’s products are grown under contract by farmers in the San Joaquin and Imperial Valleys of California Southern Australia as well as by the Company itself under a small direct farming operation. S&W is also focused on breeding improved varieties of stevia improving its harvesting and milling techniques and developing marketing and distribution programs for its stevia products.

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