Insteel Industries (IIIN) Tops Q4 EPS by 3c
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Insteel Industries Reports Fourth Quarter And Fiscal 2015 Financial Results
October 22, 2015 6:30 AM EDTMOUNT AIRY, N.C., Oct. 22, 2015 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced financial results for its fourth quarter and fiscal year ended October 3, 2015.
Fourth Quarter 2015 Results
Net earnings for the fourth quarter of fiscal 2015 increased to $9.6 million, or $0.51 per diluted share from $4.6 million, or $0.24 per diluted share in the same period a year ago. Insteel's earnings for the current year quarter include $0.3 million of net restructuring recoveries, which increased net earnings per share by $0.01.... More
