S&W Seed Company (SANW) Reports Sales Increase During Fiscal 2010
S&W Seed Company reported net income of $0.38 million, or $0.11 per diluted share, for fiscal 2010. The company reported net income of $0.37 million, or $0.13 per diluted share, in fiscal 2009. S&W Seed Company reported a sharp increase in sales on a year over basis. The company reported $6.7 million in sales in fiscal 2010, compared to $4.9 million in fiscal 2009. S&W Seed Company recently became a public company through an initial public offering of stock. The company sold one million units at a price of $11.00 per unit, with each unit consisting of two shares of…