7623,ARTW,Arts Way Manufacturing Co Inc,NASDAQ,Farm Machinery & Equipment,Art''s Way Manufacturing Co. annual loss widens

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Art's Way Manufacturing Co. annual loss widens
Source: IRIS | 02 Feb, 2017, 12.00AM

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Art's Way Manufacturing Co., Inc. (ARTW) saw its loss widen to $0.43 million, or $0.10 a share for the year ended Nov. 30, 2016. In the previous year period, the company reported a loss of $0.31 million, or $0.08 a share.

Revenue during the year dropped 18.11 percent to $21.56 million from $26.33 million in the previous year. Operating margin for the year stood at negative 2 percent as compared to a negative 0.29 percent for the previous year.

Operating loss for the year was $0.43 million, compared with an operating loss of $0.08 million in the previous year.

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