Insteel Industries (IIIN) Misses Q3 EPS by 7c

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Insteel Industries Reports Third Quarter Financial Results

July 16, 2015 6:30 AM EDT

MOUNT AIRY, N.C., July 16, 2015 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced financial results for its third quarter ended June 27, 2015.

Third Quarter 2015 Results

Net earnings for the third quarter of fiscal 2015 were $5.4 million, or $0.29 per share compared with $5.8 million, or $0.31 per diluted share in the same period a year ago. Insteel's earnings for the current year quarter include $0.3 million of restructuring charges associated with the March 2015 closure of the Newnan, Georgia prestressed concrete... More