HANFORD, Calif. (AP) _ S&W Seed Co. (SANW) on Thursday reported a fiscal fourth-quarter loss of $11.1 million, after reporting a profit in the same period a year earlier.
The Hanford, California-based company said it had a loss of 62 cents per share. Losses, adjusted for non-recurring costs, were 8 cents per share.
The alfalfa seed company posted revenue of $17.9 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $23.7 million.
For the year, the company reported a loss of $11.8 million, or 67 cents per share, swinging to a loss in the period. Revenue was reported as $75.4 million.
S&W Seed expects full-year revenue in the range of $75 million to $80 million.
In the final minutes of trading on Thursday, the company's shares hit $3.20. A year ago, they were trading at $4.62.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SANW at https://www.zacks.com/ap/SANW
_____
Keywords: S&W Seed, Earnings Report
