Insteel Industries

Insteel Industries, Inc. engages in manufacturing and marketing steel wire reinforcing products for concrete construction applications. Its offers PC strand, welded wire reinforcement. and engineering services. The company was founded by Howard Osler Woltz, Jr. in 1953 and is headquartered in Mount Airy, NC.

Earnings data Q2 2021

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Insteel Industries reports Q1 earnings decline, eyes growth opportunities

Insteel Industries faced challenges in the residential market but maintained strong cash flow and returned value to shareholders. The company anticipates cost reductions and benefits from the Infrastructure Investment and Jobs Act in 2023. Opportunities lie in the positive market outlook for nonresidential construction, offering growth potential.

Insteel Industries reports Q2 challenges but eyes growth opportunities

Insteel Industries faced challenges in Q2 2023 with lower earnings and sales, driven by inventory accumulations and price resets.
Despite these challenges, the company maintains a strong cash position and foresees growth opportunities in construction sectors.
Optimism surrounds Insteel's future as it anticipates benefiting from market conditions and infrastructure investments for growth.

Insteel Industries faces Q3 challenges but sees growth opportunities ahead

Insteel Industries navigated challenges in Q3 2023 with a drop in steel prices affecting sales and earnings. Despite this, the company maintained financial strength, increased cash flow, and remains optimistic about market improvements and capital projects. Opportunities lie in the positive market outlook and upcoming capital projects for long-term growth.

Insteel Industries faces earnings decline but maintains financial stability

Insteel Industries navigated a challenging Q4 2023 marked by declining earnings and sales, driven by inventory issues, steel price drops, and competitive pricing pressures.
Despite these challenges, the company maintained financial stability with strong cash flow, no debt, and a commitment to returning value to shareholders through dividends and buybacks.
Looking ahead, Insteel faces margin pressures but can capitalize on construction sector strength, focus on operational efficiency, and strategic investments to drive growth and navigate market challenges effectively.

Insteel Industries faces Q1 challenges, maintains strong cash position

Insteel Industries reported a challenging Q1 2024 with significant declines in net earnings, sales, and gross profit compared to the prior year period.
Despite the challenges, the company maintained a strong cash position, returned value to shareholders, and focused on strategic investments in capital expenditures.
To address the current business environment, Insteel Industries needs to optimize operational efficiency, enhance pricing strategies, and explore growth opportunities to improve financial performance.

Insteel Industries reports strong Q2 earnings amidst market challenges

Insteel Industries delivered a solid financial performance in Q2 2024, driven by improved earnings, gross profit, and margins.
While facing challenges from imports and pricing pressures, the company remains optimistic about future demand and growth prospects.
Strategic focus on operational efficiency, market dynamics, and growth opportunities positions Insteel well for sustainable success in the industry.

Insteel Industries navigates challenges in Q3, eyes growth opportunities

Insteel Industries faced challenges in Q3 2024 with declining net earnings and sales, but maintained a strong financial position with no debt and positive cash flow from operations.
Despite market challenges, the company remains optimistic about future growth opportunities driven by improving market conditions and the potential impact of the Infrastructure Investment and Jobs Act.
To address challenges such as labor market conditions and cost pressures, Insteel Industries is focused on efficiency improvements and strategic initiatives to enhance profitability and competitiveness.

Insteel Industries reports Q4 earnings decline amidst market challenges

Insteel Industries faced a decline in earnings and sales in Q4 2024, attributed to market challenges and pricing pressures.
Despite the decline, the company maintained a healthy gross margin, strong cash position, and efficient cost management.
Challenges persist with competitive pricing pressures, but opportunities exist for strategic initiatives and leveraging financial strength for growth.

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Insteel Industries, Inc. engages in the manufacture of steel wire reinforcing products for concrete construction applications. It offers engineering services, welded wire, personal computer strand, drawn wire, and formed wire. It operates through the United States and Foreign geographical segments. The company was founded by Howard Osler Woltz, Jr. in 1953 and is headquartered in Mount Airy, NC.

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

Insteel Industries Reports Third Quarter 2021 Results

MOUNT AIRY, N.C.--(BUSINESS WIRE)--INSTEEL INDUSTRIES ANNOUNCES THIRD QUARTER 2021 CONFERENCE CALL

Insteel Industries Announces Third Quarter 2021 Conference Call

Insteel Industries, Inc. (NYSE:IIIN) is an American manufacturer of steel wire reinforcing products for concrete construction applications.

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Insteel Industries, Inc. (IIIN) CEO H. Woltz on Q2 2021 Results - Earnings Call Transcript

Shares of Insteel Indus (NYSE:IIIN) fell 0.5% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 216.67% year over year to $0.76, which beat the estimate of $0.48.

Insteel Industries: Q2 Earnings Insights

MOUNT AIRY, N.C., April 22, 2021 /PRNewswire/ -- Insteel Industries Inc. (NYSE: IIIN) today announced financial results for its second quarter ended April 3, 2021.

Insteel Industries Reports Second Quarter 2021 Results

MOUNT AIRY, N.C., March 22, 2021 /PRNewswire/ -- Insteel Industries, Inc. (NYSE: IIIN) today announced that its second quarter 2021 earnings conference call will be webcast live over the internet on Thursday, April 22, 2021 at 10:00 a.m.

Insteel Industries Announces Second Quarter 2021 Conference Call

Intercontinental Exchange

NEW YORK--(BUSINESS WIRE)--Insteel Industries, Inc. has completed its listing transfer and will begin trading today as an NYSE-listed company.

Insteel Industries Completes Listing Transfer to the New York Stock Exchange

Keeping an eye on the macro environment is a critical variable in the investing equation. Having agility in your investing toolbox will help minimize the pain caused by uncertainty.

Becoming Agile In Times Of Uncertainty To Find Companies Like Insteel For Structural Portfolio Support

Insteel has been enjoying robust demand from a surprisingly resilient construction sector in its core Southeastern footprint, driving impressive fixed cost leverage and incremental margins. A successful anti-dumping case in PC strand should restore meaningful pricing power and drive expanded gross margins in 2021.

Insteel Should See Better Pricing, But End-User Demand Is A Real Question

Insteel Industries, Inc. (IIIN) CEO H. Woltz on Q1 2021 Results - Earnings Call Transcript

Shares of Insteel Industries (NASDAQ:IIIN) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share increased 1400.00% over the past year to $0.45, which beat the estimate of $0.29.

Insteel Industries: Q1 Earnings Insights

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...

Insteel Industries Reports First Quarter 2021 Results

MOUNT AIRY, N.C., Dec. 21, 2020 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced that its first quarter 2021 earnings conference call will be webcast live over the internet on Thursday, January 21, 2021 at 10:00 a.m. ET following the release of the Company's first...

Insteel Industries Announces First Quarter 2021 Conference Call

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Insteel Industries, Inc. (IIIN) CEO H. Woltz on Q4 2020 Results - Earnings Call Transcript

Shares of Insteel Indus (NASDAQ:IIIN) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share increased 533.33% year over year to $0.39, which beat the estimate of $0.24.

Recap: Insteel Industries Q4 Earnings

MOUNT AIRY, N.C., Oct. 22, 2020 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced financial results for its fourth quarter and fiscal year ended October 3, 2020. Fourth Quarter 2020 Results Insteel's results for the fourth quarter of fiscal 2020 benefitted from...

Insteel Industries Reports Fourth Quarter And Fiscal 2020 Results

Insteel has continued to absorb the impact of pricing pressure from imports, with ASPs down double-digits in the last two quarters, but lower import costs are driving gross/operating margin leverage.

Import Competition Remains Fierce, But Insteel Is Worth A Look

Insteel Industries, Inc. (IIIN) CEO H.

Shares of Insteel Industries (NASDAQ:IIIN) remained unaffected after the company reported Q3 results.

Recap: Insteel Industries Q3 Earnings

MOUNT AIRY, N.C., July 16, 2020 /PRNewswire/ -- Insteel Industries, Inc.

Insteel Industries Reports Third Quarter 2020 Results

Insteel Industries (NASDAQ: IIIN) shares are trading lower on Wednesday, after Sidoti & Co.

Why Insteel's Stock Is Trading Lower Today

Insteel Industries' (IIIN) CEO H. Woltz on Q2 2020 Results - Earnings Call Transcript

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