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Art's Way Turns To Profit In Q1

Art's Way Manufacturing Co., Inc. (ARTW), Wednesday, reported a profit for the first quarter compared to a loss last year, as revenues rose 35.3 percent.

The Armstrong, Iowa-based company reported a first-quarter net profit of $193 thousands or $0.05 per share, compared to a net loss of $485 thousands or $0.12 per share last year.

Total revenue for the quarter grew to $6.31 million from $4.66 million in the prior-year quarter.

by RTTNews Staff Writer

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