Insteel Industries (IIIN) Stock

LTM, VNCE, IIIN, REVG and MKTAY have been added to the Zacks Rank #1 (Strong Buy) List on December 20, 2024.

MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that Blake Doyle has been appointed to its board of directors. Ms. Doyle's term runs through the 2025 annual meeting of shareholders and she will serve on the Audit Committee. Ms. Doyle is currently a Managing Director at Chevy Chase Trust Company, a Maryland-based investment firm, a position she has held since 2016. In her role as Head of Institutional Sales and Head of Product Development, Blake is respons.

MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”) announced today that it will be closing its facility in Warren, Ohio, and moving the manufacturing to the Company's remaining welded wire reinforcement production facilities. The Warren facility was acquired as part of Insteel's recent purchase of Engineered Wire Products, Inc. The consolidation of the Company's welded wire manufacturing operations is expected to result in the elimination of up.

Insteel Industries, Inc. (NYSE:IIIN ) Q4 2024 Earnings Conference Call October 17, 2024 10:00 AM ET Company Participants H.O. Woltz III - President and Chief Executive Officer Scot Jafroodi - Vice President, Chief Financial Officer and Treasurer Conference Call Participants Julio Romero - Sidoti & Company Tyson Bauer - Kansas City Capital Associates Operator Good morning, all, and thank you for joining us for the Insteel Industries Fourth Quarter 2024 Earnings Call.

Insteel Industries (IIIN) came out with quarterly earnings of $0.24 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.29 per share a year ago.

MOUNT AIRY, N.C.--(BUSINESS WIRE)--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 mi.

Insteel Industries (IIIN) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.54 per share a year ago.

MOUNT AIRY, N.C.--(BUSINESS WIRE)--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 large.

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