IIIN - Earnings announcements

Insteel Industries Inc. (NYSE:IIIN) ("Insteel" or the "Company"), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today reported financial results for its second quarter of fiscal 2026, ended March 28, 2026. Second Quarter 2026 Highlights Net earnings of $5.2 million, or $0.27 per share Net sales of $172.7 million Gross profit of $16.5 million, or 9.6% of net sales Net cash balance of $15.1 million and no debt outstanding as of March 28, 2026 Weather-driven volume decline, while market outlook remains positive Second Quarter 2026 Results Net earnings for the second quarter of fiscal 2026 decreased

Insteel Industries Inc. (NYSE:IIIN) today announced that its second quarter 2026 earnings conference call will be webcast live over the internet on Thursday, April 16, 2026, at 10:00 a.m. ET following the release of the Company's second quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pipe rei

Insteel Industries Inc. (NYSE:IIIN) ("Insteel" or the "Company"), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today reported financial results for its first quarter of fiscal 2026, ended December 27, 2025. First Quarter 2026 Highlights Payment of special cash dividend totaling $19.4 million, or $1.00 per share Net sales of $159.9 million Gross profit of $18.1 million, or 11.3% of net sales Net income of $7.6 million, or $0.39 per share Net cash balance of $15.6 million and no debt outstanding as of December 27, 2025 Positive momentum with a strengthening outlook First Quarter 2026 Results N

Insteel Industries Inc. (NYSE:IIIN) today announced that its first quarter 2026 earnings conference call will be webcast live over the internet on Thursday, January 15, 2026, at 10:00 a.m. ET following the release of the Company's first quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete p

Insteel Industries Inc. (NYSE:IIIN) ("Insteel" or the "Company"), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today announced financial results for its fourth quarter and fiscal year ended September 27, 2025. Fourth Quarter 2025 Highlights Net earnings of $14.6 million, or $0.74 per diluted share Net sales of $177.4 million Gross profit of $28.6 million, or 16.1% of net sales Net cash balance of $38.6 million and no debt outstanding as of September 27, 2025 Strong finish to 2025, outlook remains cautiously optimistic Fourth Quarter 2025 Results Net earnings for the fourth quarter of fiscal 202

Insteel Industries Inc. (NYSE:IIIN) today announced that its fourth quarter 2025 earnings conference call will be webcast live over the internet on Thursday, October 16, 2025, at 10:00 a.m. ET following the release of the Company's fourth quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concre

Insteel Industries Inc. (NYSE:IIIN) ("Insteel" or the "Company"), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today announced financial results for its third quarter of fiscal 2025 ended June 28, 2025. Third Quarter 2025 Highlights Net earnings of $15.2 million, or $0.78 per share Net sales of $179.9 million Gross profit of $30.8 million, or 17.1% of net sales Operating cash flow of $28.2 million Net cash balance of $53.7 million and no debt outstanding as of June 28, 2025 Navigating near-term challenges with cautiously optimistic outlook Third Quarter 2025 Results Net earnings for the thir

Insteel Industries Inc. (NYSE:IIIN) today announced that its third quarter 2025 earnings conference call will be webcast live over the internet on Thursday, July 17, 2025, at 10:00 a.m. ET following the release of the Company's third quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pi

Insteel Industries Inc. (NYSE:IIIN) ("Insteel" or the "Company"), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today reported financial results for its second quarter of fiscal 2025, ended March 29, 2025. Second Quarter 2025 Highlights Net earnings of $10.2 million, or $0.52 per diluted share Net sales of $160.7 million Gross profit of $24.5 million, or 15.3% of net sales Net cash balance of $28.4 million and no debt outstanding as of March 29, 2025 Improving customer demand and cautiously positive market outlook Second Quarter 2025 Results Net earnings for the second quarter of fiscal 2025 rose to $10

Insteel Industries Inc. (NYSE:IIIN) today announced that its second quarter 2025 earnings conference call will be webcast live over the internet on Thursday, April 17, 2025, at 10:00 a.m. ET following the release of the Company's second quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete p

Insteel Industries Inc. (NYSE:IIIN) ("Insteel" or the "Company"), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today reported financial results for its first quarter of fiscal 2025, ended December 28, 2024. First Quarter 2025 Highlights Executed and integrated two acquisitions, strengthening our competitive position Payment of special cash dividend totaling $19.4 million, or $1.00 per share Net sales of $129.7 million Gross profit of $9.5 million, or 7.3% of net sales Net income of $1.1 million, or $0.06 per share Operating cash flow of $19.0 million Net cash balance of $36.0 million and no de

Insteel Industries Inc. (NYSE:IIIN) today announced that its first quarter 2025 earnings conference call will be webcast live over the internet on Thursday, January 16, 2025, at 10:00 a.m. ET following the release of the Company's first quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete

Insteel Industries Inc. (NYSE:IIIN) ("Insteel" or the "Company"), the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications, today announced financial results for its fourth quarter and fiscal year ended September 28, 2024. Fourth Quarter 2024 Highlights Net sales of $134.3 million Gross profit of $12.3 million, or 9.1% of net sales Net income of $4.7 million, or $0.24 per share Operating cash flow of $16.2 million Net cash balance of $111.5 million and no debt outstanding as of September 28, 2024 Improving business outlook Fourth Quarter 2024 Results Net earnings for the fourth quarter of fiscal 2024 were $4.7 million, or $0

Insteel Industries Inc. (NYSE:IIIN) today announced that its fourth quarter 2024 earnings conference call will be webcast live over the internet on Thursday, October 17, 2024 at 10:00 a.m. ET following the release of the Company's fourth quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete

Insteel Industries Inc. (NYSE:IIIN) ("Insteel" or the "Company"), the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications, today announced financial results for its third quarter of fiscal 2024 ended June 29, 2024. Third Quarter 2024 Highlights Net earnings of $6.6 million, or $0.34 per share Net sales of $145.8 million Gross profit of $15.4 million, or 10.6% of net sales Operating cash flow of $18.7 million Net cash balance of $97.7 million and no debt outstanding as of June 29, 2024 Improving macroeconomic and business outlooks Third Quarter 2024 Results Net earnings for the third quarter of fiscal 2024 decreased

Insteel Industries Inc. (NYSE:IIIN) today announced that its third quarter 2024 earnings conference call will be webcast live over the internet on Thursday, July 18, 2024, at 10:00 a.m. ET following the release of the Company's third quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pi

Insteel Industries Inc. (NYSE:IIIN) ("Insteel" or the "Company"), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today announced financial results for its second quarter of fiscal 2024 ended March 30, 2024. Second Quarter 2024 Highlights Net earnings of $6.9 million, or $0.35 per diluted share Net sales of $127.4 million Gross profit of $15.7 million, or 12.3% of net sales Operating cash flow of $1.4 million Net cash balance of $83.9 million and no debt outstanding as of March 30, 2024 Improving demand environment and easing macroeconomic headwinds Second Quarter 2024 Results Net earnings for

Insteel Industries Inc. (NYSE:IIIN) today announced that its second quarter 2024 earnings conference call will be webcast live over the internet on Thursday, April 25, 2024, at 10:00 a.m. ET following the release of the Company's second quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete

Insteel Industries Inc. (NYSE:IIIN) ("Insteel" or the "Company"), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today announced financial results for its first quarter of fiscal 2024 ended December 30, 2023. First Quarter 2024 Highlights Net sales of $121.7 million Gross profit of $6.3 million, or 5.2% of net sales Net income of $1.1 million, or $0.06 per share Operating cash flow of $21.8 million Payment of special cash dividend totaling $48.6 million, or $2.50 per share Net cash balance of $85.6 million and no debt outstanding as of December 30, 2023 Favorable demand profile with improving ma

Insteel Industries Inc. (NYSE:IIIN) today announced that its first quarter 2024 earnings conference call will be webcast live over the internet on Thursday, January 18, 2024, at 10:00 a.m. ET following the release of the Company's first quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete

Insteel Industries Inc. (NYSE:IIIN) ("Insteel" or the "Company), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today announced financial results for its fourth quarter and fiscal year ended September 30, 2023. Fourth Quarter 2023 Highlights Net sales of $157.5 million Gross profit of $14.0 million, or 8.9% of net sales Net income of $5.6 million, or $0.29 per share Operating cash flow of $38.6 million Net cash balance of $125.7 million and no debt outstanding as of September 30, 2023 Fourth Quarter 2023 Results Net earnings for the fourth quarter of fiscal 2023 were $5.6 million, or $0.29 per sh

Insteel Industries Inc. (NYSE:IIIN) today announced that its fourth quarter 2023 earnings conference call will be webcast live over the internet on Thursday, October 19, 2023 at 10:00 a.m. ET following the release of the Company's fourth quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concret

Insteel Industries Inc. (NYSE:IIIN) today announced financial results for its third quarter ended July 1, 2023. Third Quarter 2023 Results Net earnings for the third quarter of fiscal 2023 decreased to $10.6 million, or $0.54 per share, from $38.6 million, or $1.96 per diluted share, for the same period a year ago. The record third quarter financial performance of the prior year was driven by supply shortfalls and inflated average selling prices, a condition that began to revert to normal during the company's fourth fiscal quarter. Compared to the record performance of 2022, earnings for the third quarter of 2023 were unfavorably impacted by narrower spreads between selling prices and r

Insteel Industries Inc. (NYSE:IIIN) today announced that its third quarter 2023 earnings conference call will be webcast live over the internet on Thursday, July 20, 2023, at 10:00 a.m. ET following the release of the Company's third quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pi

Insteel Industries Inc. (NYSE:IIIN) today announced financial results for its second quarter ended April 1, 2023. Second Quarter 2023 Results Net earnings for the second quarter of fiscal 2023 decreased to $5.1 million, or $0.26 per share, from $39.0 million, or $1.99 per diluted share, in the same period a year ago. Earnings for the second quarter were unfavorably impacted by narrower spreads between selling prices and raw material costs, lower shipments and higher manufacturing costs relative to the prior year quarter. Net sales decreased 25.4% to $159.1 million from $213.2 million in the prior year quarter, driven by customer destocking activities following a protracted period of s

Insteel Industries Inc. (NYSE:IIIN) today announced that its second quarter 2023 earnings conference call will be webcast live over the internet on Thursday, April 20, 2023, at 10:00 a.m. ET following the release of the Company's second quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete p

Insteel Industries Inc. (NYSE:IIIN) today announced financial results for its first quarter ended December 31, 2022. First Quarter 2023 Results Net earnings for the first quarter of fiscal 2023 decreased to $11.1 million, or $0.57 per share, from record earnings of $23.1 million, or $1.18 per diluted share, in the same period a year ago. Earnings for the current year quarter benefited from a $3.3 million, or $0.13 per share gain on the sale of property, plant and equipment. Insteel's first quarter results were unfavorably impacted by lower shipments and the narrowing of spreads between selling prices and raw material costs. Net sales decreased 6.5% to $166.9 million from $178.5 million i

Insteel Industries Inc. (NYSE:IIIN) today announced that its first quarter 2023 earnings conference call will be webcast live over the internet on Thursday, January 19, 2023, at 10:00 a.m. ET following the release of the Company's first quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete p

Insteel Industries Inc. (NYSE:IIIN) today announced financial results for its fourth quarter and fiscal year ended October 1, 2022. Fourth Quarter 2022 Results Net earnings for the fourth quarter of fiscal 2022 were $24.3 million, or $1.24 per diluted share, compared to $25.2 million, or $1.28 per share, in the same period a year ago. Net sales increased 21.4% to $208.0 million from $171.3 million in the prior year quarter. Insteel's fourth quarter results benefitted from widening spreads between selling prices and raw material costs due to a 26.1% increase in average selling prices from the prior year quarter, implemented to recover rising raw material and operating costs. Ongoing weakn

Insteel Industries Inc. (NYSE:IIIN) today announced that its fourth quarter 2022 earnings conference call will be webcast live over the internet on Thursday, October 20, 2022 at 10:00 a.m. ET following the release of the Company's fourth quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete

Insteel Industries Inc. (NYSE:IIIN) today announced financial results for its third quarter ended July 2, 2022. Third Quarter 2022 Results For the third quarter of fiscal 2022, Insteel reported net earnings of $38.6 million, or $1.96 per diluted share, up from $18.4 million, or $0.94 per diluted share, for the same period a year ago. The Company's results were favorably impacted by strong demand for its reinforcing products and incremental price increases to recover the escalation in raw material and operating costs. Net sales increased to $227.2 million from $160.7 million for the prior year quarter driven by a 53.9% increase in average selling prices partially offset by an 8.2% decreas

Insteel Industries Inc. (NYSE:IIIN) today announced that its third quarter 2022 earnings conference call will be webcast live over the internet on Thursday, July 21, 2022, at 10:00 a.m. ET following the release of the Company's third quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pipe

Insteel Industries Inc. (NYSE:IIIN) today announced financial results for its second quarter ended April 2, 2022. Second Quarter 2022 Results For the second quarter of fiscal 2022, Insteel reported record quarterly net earnings of $39.0 million, or $1.99 per diluted share, up from $14.9 million, or $0.76 per diluted share, for the same period a year ago. The Company benefitted from strong demand for its reinforcing products and incremental price increases to recover the continued escalation in costs. Net sales increased to $213.2 million from $139.0 million for the prior year quarter driven by a 65.4% increase in average selling prices and a 7.2% decrease in shipments. The average sellin

Insteel Industries Inc. (NYSE:IIIN) today announced that its second quarter 2022 earnings conference call will be webcast live over the internet on Thursday, April 21, 2022, at 10:00 a.m. ET following the release of the Company's second quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete p

Insteel Industries Inc. (NYSE:IIIN) today announced financial results for its first quarter ended January 1, 2022. First Quarter 2022 Results For the first quarter of fiscal 2022, Insteel recorded record quarterly revenue of $178.5 million and record first quarter net earnings of $23.1 million, or $1.18 per diluted share, compared to $8.1 million, or $0.42 per diluted share, in the same period a year ago. Net sales increased 49.2% and earnings per share increased 181%. Demand for the Company's concrete reinforcing products remained strong despite the normal seasonal slowdown in construction activity. Spreads between selling prices and raw material costs widened due to a 69.4% increase in

Insteel Industries Inc. (NYSE:IIIN) today announced that its first quarter 2022 earnings conference call will be webcast live over the internet on Thursday, January 20, 2022, at 10:00 a.m. ET following the release of the Company's first quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete p

Insteel Industries Inc. (NYSE:IIIN) today announced record financial results for its fourth quarter and fiscal year ended October 2, 2021. Fourth Quarter 2021 Results Net earnings for the fourth quarter of fiscal 2021, which represented the highest level on record for the Company, were $25.2 million, or $1.28 per diluted share, compared to $7.4 million, or $0.38 per share, in the same period a year ago. Insteel's fourth quarter results benefitted from widening spreads between selling prices and raw material costs relative to the prior year quarter. Robust demand for the Company's reinforcing products and price increases to recover rapidly escalating raw material costs more than offset the

Insteel Industries Inc. (NYSE:IIIN) today announced that its fourth quarter 2021 earnings conference call will be webcast live over the internet on Thursday, October 21, 2021 at 10:00 a.m. ET following the release of the Company's fourth quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://insteelgcs.gcs-web.com/company-news/events-and-presentations and will be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, includi

Insteel Industries Inc. (NYSE:IIIN) today announced financial results for its third quarter ended July 3, 2021. Third Quarter 2021 Results Net earnings increased to $18.4 million, or $0.94 per diluted share, from $6.7 million, or $0.34 per diluted share, in the same period a year ago. Insteel's third quarter results benefitted from higher spreads between selling prices and raw material costs driven by strong demand for the Company's reinforcing products and price increases implemented to recover rapidly escalating manufacturing costs. Net sales increased 31.8% to a record $160.7 million from $122.0 million in the prior year quarter driven by a 32.9% increase in average selling prices off