secwatch.observer — SEC 8-K summary
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Issuer:     S&W Seed Co (—)
CIK:        0001477246
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0000950170-24-014946
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477246/000095017024014946/0000950170-24-014946-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477246/000095017024014946/sanw-20240209.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-014946

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