Insteel Industries (IIIN) Misses Q3 EPS by 20c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. SAP
7. CSX
8. LRCX
9. MRK
10. LVS

Go back to Insteel Industries (IIIN) Misses Q3 EPS by 20c

Insteel Industries Reports Third Quarter 2017 Financial Results

July 20, 2017 6:30 AM EDT

MOUNT AIRY, N.C., July 20, 2017 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced financial results for its third quarter ended July 1, 2017.

Third Quarter 2017 Results

Net earnings for the third quarter of fiscal 2017 decreased to $6.9 million, or $0.36 per share, from $13.5 million, or $0.71 per diluted share, in the same period a year ago. Insteel's results were unfavorably impacted by lower shipment and production volumes together with narrower spreads between selling prices and raw material costs relative to the prior... More