Art's-Way Manufacturing reports FY2021 net income of $213K vs loss; revenue up 11%

ARTS WAY MANUFACTURING CO INC

Revenue $24.965M, up 11.4% YoY from $22.409M.
Net income $213K vs net loss of $2.103M in FY2020.
Diluted EPS $0.05 vs loss of $(0.48) in prior year.
Agricultural Products segment sales up 28.6% to $16.826M on strong commodity prices.
CEO reports largest backlog in company history; optimistic for FY2022.

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