---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-014946"
form_type: "8-K"
ticker: null
cik: "0001477246"
company_name: "S&W Seed Co"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:14:32.810758+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# S&W Seed Q2 FY2024 revenue $10.9M (-16% YoY); net loss $6.5M; CFO appointed

## Summary
- Revenue $10.9M, down 16% YoY; gross margin improved to 30.3% from 21.3%.
- GAAP net loss ($0.15)/share vs ($0.14); adjusted EBITDA improved to ($3.2M).
- Double Team sorghum revenue surged 233% to $4.0M; CEO cites MENA disruptions.
- FY2024 revenue guidance lowered to low end of $76-82M; EBITDA view unchanged.
- Vanessa Baughman appointed permanent CFO effective Feb 12; salary $330k + bonus/equity.

## SEC filing metadata
- accession: 0000950170-24-014946
- form_type: 8-K
- cik: 0001477246
- company_name: S&W Seed Co
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477246/000095017024014946/0000950170-24-014946-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477246/000095017024014946/sanw-20240209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-014946
- JSON: https://secwatch.observer/filing/0000950170-24-014946.json
- Plain text: https://secwatch.observer/filing/0000950170-24-014946.txt

## Key facts
- Earnings Releases
  S&W Seed Co reported the second quarter of fiscal 2024 ended December 31, 2023 results: revenue $10.9 million, net income ($6.5) million, EPS ($0.15) per basic and diluted share.
  - Period: the second quarter of fiscal 2024 ended December 31, 2023
  - Revenue: $10.9 million
  - Net income: ($6.5) million
  - EPS: ($0.15) per basic and diluted share
  - Result: reported results
  source text: Company (Nasdaq: SANW) today announced financial results for the three months ended December 31, 2023. Financial Highlights • Revenue for the second quarter of fiscal 2024 was $10.9 million, a 16.0% decrease compared to the second quarter of fiscal 2023. Double Team TM sorghum revenue was $4.0 million in the second quarter of fiscal 2024 compared to $1.2 million in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1477246/000095017024014946/0000950170-24-014946-index.htm
- Executive change
  Vanessa Baughman was appointed as Chief Financial Officer at S&W Seed Co.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: The Board of Directors (the “Board”) of the Company appointed Vanessa Baughman as the Company’s Chief Financial Officer, effective February 12, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1477246/000095017024014946/0000950170-24-014946-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.