S&W Seed (SANW) reported Q4 EPS of ($0.31), $0.27 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $20 million versus the consensus estimate of $30 million.
GUIDANCE:
S&W Seed sees FY2023 revenue of $80-92 million, versus the consensus of $92 million.
- S&W expects fiscal 2023 revenue to be within a range of $80 to $92 million, representing an expected increase of 12% to 29% compared to fiscal 2022 revenue of $71.4 million. Adjusted EBITDA is expected to be in the range of $(7.0) million to $(2.0) million for fiscal 2023, compared to adjusted EBITDA of $(23.8) million in fiscal 2022.