Insteel Industries (IIIN) Tops Q3 EPS by 19c; Guides Q4, FY17
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Insteel Industries Reports Third Quarter Financial Results
July 21, 2016 6:30 AM EDTMOUNT AIRY, N.C., July 21, 2016 /PRNewswire/ --Â Insteel Industries, Inc. (NasdaqGS: IIIN) today announced financial results for its third quarter ended July 2, 2016.
Third Quarter 2016 Results
Net earnings for the third quarter of fiscal 2016 increased to $13.5 million, or $0.71 per diluted share from $5.4 million, or $0.29 per share in the same period a year ago. Net sales decreased 1.2% to $115.6 million from $117.0 million in the prior year quarter, reflecting a 9.8% increase in shipments offset by a 10.0% decrease in average... More
