S&W Seed Company reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was USD 18.32 million compared to USD 17.66 million a year ago. Net loss was USD 5.5 million compared to net income of USD 32.12 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to basic earnings per share from continuing operations of USD 0.75 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to diluted earnings per share from continuing operations of USD 0.74 a year ago.
For the nine months, sales was USD 45.62 million compared to USD 50.47 million a year ago. Net loss was USD 17.92 million compared to net income of USD 21.62 million a year ago. Basic loss per share from continuing operations was USD 0.42 compared to basic earnings per share from continuing operations of USD 0.5 a year ago. Diluted loss per share from continuing operations was USD 0.42 compared to diluted earnings per share from continuing operations of USD 0.5 a year ago.