Insteel Industries (IIIN) Tops Q4 EPS by 3c

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Go back to Insteel Industries (IIIN) Tops Q4 EPS by 3c

Insteel Industries Reports Fourth Quarter And Fiscal 2015 Financial Results

October 22, 2015 6:30 AM EDT

MOUNT 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