S&W Seed Co - SANW STOCK NEWS

S&W Seed Company (Nasdaq: SANW) will participate in the Lytham Partners Winter 2021 Investor Conference from December 13-16, 2021. The company will hold a webcasted Fireside Chat on December 13 at 11:00 am ET, discussing its vision for 2022. Interested investors can join the chat through the company's website or the provided webcast link. Additionally, arrangements for 1x1 virtual meetings with management can be made by contacting Lytham Partners. S&W, a leader in seed technology, focuses on meeting the global demand for animal proteins and healthier diets.

S&W Seed Company (Nasdaq: SANW) appointed Elizabeth (Betsy) Horton as Executive Vice President and Chief Financial Officer, effective November 15, 2021. Horton succeeds Matthew Szot, who resigned but will assist during the transition. Previously the CFO at Miller Milling Company, Horton brings extensive finance experience, having worked for over 20 years at Cargill. S&W's CEO, Mark Wong, expressed optimism about Horton's leadership as the company aims for future growth.

S&W Seed Company (SANW) reported Q1 fiscal 2022 results, achieving core revenue growth of 27% to $15.5 million, driven by demand in the Middle East and Australia. GAAP gross margins improved to 20.1% from 12.9% a year prior. The company incurred a net loss of $6.4 million but improved from a Q1 2021 loss of $7.2 million. S&W anticipates fiscal 2022 core revenue between $80-$85 million, reflecting a potential increase of 15%-20% compared to last year.

S&W Seed Company (Nasdaq: SANW) is set to release its first quarter fiscal year 2022 financial results on November 11, 2021, prior to market opening. A conference call will follow at 11:00 am ET the same day to discuss the results. S&W, established in 1980, focuses on seed technology for middle market crops and aims to be the leading proprietary seed company globally. The company has significant operations in both the United States and Australia, with a diverse product portfolio including proprietary alfalfa and sorghum seeds.

S&W Seed Company (SANW) announced the completion of a $5.0 million non-brokered private placement of common stock. MFP Partners, L.P., the largest shareholder, acquired approximately $3.8 million in shares, while board members and executives bought about $1.2 million. A total of 1,847,343 shares were issued at $2.73 per share. The proceeds will be used for working capital and general corporate purposes. The shares have not been registered under the Securities Act and will require a registration statement for resale.

S&W Seed Company (Nasdaq: SANW) will participate in the Lytham Partners Fall 2021 Investor Conference, focusing on food security and the agricultural supply chain. Scheduled for October 6, 2021, at 11:00am ET, the discussion will be held virtually. CEO Mark Wong will be a panelist, and management will also engage in one-on-one meetings from October 5 to 7, 2021. Interested parties can access the panel through the provided link and arrange meetings by contacting Lytham Partners.

S&W Seed Company (NASDAQ: SANW) reported its fiscal year 2021 financial results, showing a 16.5% increase in Core Revenue to $69.8 million from $59.9 million in fiscal 2020. Total revenue reached $84.0 million, a 5.5% rise year-over-year. However, the company faced logistical challenges, with $5 million of expected revenue delayed to fiscal 2022. GAAP net loss improved slightly to $(19.2) million or $(0.55) per share. S&W projects fiscal 2022 revenue to be between $80 million and $85 million, representing a potential 15% to 20% increase compared to fiscal 2021.

S&W Seed Company (NASDAQ: SANW) is set to report its fourth quarter and fiscal year 2021 financial results on September 27, 2021, before market opening. The report will cover results for the period ending June 30, 2021. Following the release, a conference call will occur at 11:00 am ET to discuss the outcomes. Interested participants can access the call via phone or through a live webcast available on the Company's Investor Relations website.

Ingredion and S&W Seed Company have formed an exclusive U.S. stevia pilot production supply agreement. S&W will use its proprietary stevia plants and advanced techniques to supply high-quality, U.S.-sourced stevia to Ingredion and its PureCircle group. This agreement aims to enhance sugar reduction solutions and explore large-scale stevia production opportunities in the U.S. The global stevia market is projected to grow to $1.6B by 2028. This collaboration follows Ingredion's recent strategic moves, including acquiring a controlling stake in PureCircle and a joint venture with Amyris.