Art's-Way manufactures second straight profitable quarter, net income $56K in Q3 2021

ARTS WAY MANUFACTURING CO INC

2021-Q3 EPS reported -$0.04 revenue$17,702,628

Q3 net income of $56,000 vs loss of $424,000 YoY; EPS $0.01 vs ($0.10).
Nine-month operating loss improved to ($60,000) from ($1.9M), a $1.8M swing.
Agricultural Products sales up 26.9% to $4.66M; grinder mixers +71%, beet equipment +60%.
Current ag backlog up 269% from a year ago; president cites favorable outlook for Q4 2021 and H1 2022.
Modular Buildings segment declined 43.4% on completion of a large laboratory project.

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