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Stock impact report

Art's Way Manufacturing Announces Fiscal 2018 Financial Results

Art's-Way Manufacturing Co., Inc. (ARTW) 
US:NASDAQ Investor Relations: artsway-mfg.com/investor-relations
Company Research Source: PR Newswire
ARMSTRONG, Iowa, Feb. 4, 2019 /PRNewswire/ -- Art's Way Manufacturing Co., Inc. (Nasdaq: ARTW), a diversified, international manufacturer and distributor of equipment serving agricultural, research and steel cutting needs, announces its financial results for fiscal 2018.For the Twelve Months Ended(Continuing Operations Consolidated)November 30, 2018November 30, 2017Sales$19,726,793$20,715,080Operating (Loss)$(3,095,270)$(1,722,042)Net (Loss)$(3,336,049)$(1,369,359)EPS (Basic)$(0.80)$(0.33)EPS (Diluted) $(0.80)$(0.33)Weighted Average Shares Outstanding:Basic4,202,8364,151,406Diluted4,202,8364,151,406Sales:  Our consolidated net sales for continuing operations totaled $19,727,000 for the 2018 fiscal year, which represents a 4.8% decrease from our consolidated net sales of $20,715,000 for the 2017 fiscal year. The decrease in revenue is due to decreased sales in our Agr Show less Read more
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