Insteel Industries (IIIN) Misses Q4 EPS by 1c, Sales Miss

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Go back to Insteel Industries (IIIN) Misses Q4 EPS by 1c, Sales Miss

Insteel Industries Reports Fourth Quarter and Fiscal 2016 Financial Results

October 20, 2016 6:30 AM EDT

MOUNT AIRY, N.C., Oct. 20, 2016 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced financial results for its fourth quarter and fiscal year ended October 1, 2016.

Fourth Quarter 2016 Results

Net earnings for the fourth quarter of fiscal 2016 increased to $9.9 million from $9.6 million in the same period a year ago, while earnings per diluted share was unchanged at $0.51. The fourth-quarter results for the current year reflect a charge related to the settlement and termination of a pension plan,... More