BRIEF-S&W Seed Reports Q2 GAAP Loss Per Share Of $0.20

Feb 12 (Reuters) - S&W Seed Co (SANW):

* S&W ANNOUNCES FIRST HALF AND SECOND QUARTER FISCAL 2020 FINANCIAL RESULTS

* Q2 GAAP LOSS PER SHARE $0.20

* Q2 REVENUE $12.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $10.7 MILLION

* Q2 EARNINGS PER SHARE ESTIMATE $-0.14 -- REFINITIV IBES DATA

* SEES FY 2020 REVENUE $64 MILLION TO $67 MILLION

* EXPECTS GROSS MARGINS FOR FISCAL 2020 TO BE WITHIN A RANGE OF 23% - 25%

* CONTINUES TO EXPECT CORE REVENUE (EXCLUDING REVENUE ATTRIBUTABLE TO PIONEER) FOR 2020 TO BE WITHIN A RANGE OF $41 MILLION TO $44 MILLION

* WORKING ON REGULATORY PACKAGES FOR HERBICIDE REGISTRATION AND EXPORT APPROVALS FOR THE GRAIN PRODUCED FROM ATS FIELDS

* S&W SEED (SANW) - SEED PRODUCTION OF FIRST ATS (ACCASE TOLERANT SORGHUM ) HYBRIDS IS PLANNED FOR 2020

* S&W SEED (SANW) - SEED PRODUCTION OF THE FIRST ATS HYBRIDS IS EXPECTED TO PROVIDE SMALL QUANTITIES FOR INITIAL COMMERCIAL INTRODUCTION IN 2021

* S&W SEED (SANW) - GRAIN PRODUCED FROM 2021 CROP WILL LIKELY BE SOLD IN U.S. ONLY, BUT EXPECT TO HAVE FULL EXPORT APPROVALS & SEED SUPPLY TO MEET 2022 DEMAND Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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