Insteel Industries Inc. 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.
Insteel Industries Inc. 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. | April 20, 2023
Insteel Industries Reports First Quarter 2023 Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
INSTEEL INDUSTRIES REPORTS FIRST QUARTER 2022 RESULTS MOUNT AIRY, N.C., January 20, 2022 - Insteel Industries Inc. today announced financial results for its first quarter ended. | January 20, 2022
Insteel Industries Reports First Quarter 2021 Results
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MOUNT AIRY, N.C., Jan. 21, 2021 /PRNewswire/ Insteel Industries, Inc. (NasdaqGS: IIIN) today announced financial results for its first quarter ended January 2, 2021.
First Quarter 2021 Results
Insteel s first quarter results benefitted from robust demand as construction activity remained strong across its markets. Net earnings increased to $8.1 million, or $0.42 per share, from $0.6 million, or $0.03 per share, in the same period a year ago.
Net sales increased 22.6% to $119.6 million from $97.6 million in the prior year quarter driven primarily by a 21.6% increase in shipments in addition to a 1.0% increase in average selling prices. On a sequential basis, shipments decreased 15.2% from the fourth quarter of fiscal 2020 reflecting the usual seasonal slowdown while average selling prices increased 2.0%.