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Insteel Industries Inc (IIIN.OQ)

IIIN.OQ on NASDAQ Stock Exchange Global Select Market

25.10USD
25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Insteel Industries reports Q3 financial results
Thursday, 20 Jul 2017 06:30am EDT 

July 20 (Reuters) - Insteel Industries Inc :Insteel Industries reports third quarter 2017 financial results.Q3 earnings per share $0.36.Q3 sales fell 16.2 percent to $96.9 million.Q3 revenue view $122.4 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Insteel Industries Inc qtrly ‍results were unfavorably impacted by lower shipment and production volumes​.Insteel Industries Inc - capital outlays for fiscal 2017 are expected to total up to $25.0 million.Insteel Industries - qtrly ‍results unfavorably impacted by narrower spreads between selling prices and raw material costs relative to prior year quarter.Insteel Industries Inc qtrly shipments decreased 7.5 percent sequentially from Q2 of fiscal 2017 while average selling prices increased 3.5 percent.  Full Article

Insteel Industries Q2 earnings per share $0.39
Thursday, 20 Apr 2017 06:30am EDT 

April 20 (Reuters) - Insteel Industries Inc ::Insteel Industries reports second quarter 2017 financial results.Q2 earnings per share $0.39.Q2 sales fell 5.8 percent to $101.2 million.Insteel Industries -for second half of fiscal 2017, expect increasing shipments driven by continued growth in construction sector.Insteel Industries Inc - capital outlays for fiscal 2017 are expected to total up to $25.0 million largely related to expansion of Houston, Texas.Insteel Industries Inc - expect higher operating volumes coupled with targeted process improvements will translate into lower manufacturing costs.  Full Article

Insteel Industries says board member Gary Pechota passed away unexpectedly on Dec. 14, 2016
Tuesday, 20 Dec 2016 09:12am EST 

Insteel Industries Inc : Insteel Industries Inc says Gary L. Pechota, a member of board of directors, passed away unexpectedly on December 14, 2016 - sec filing . Bylaw amendment was effective immediately and reduced minimum size of board from six to five directors .Pending developments in its director selection process board on Dec 19, 2016 approved an amendment to co's bylaws.  Full Article

Insteel Industries's Board declares a special cash dividend of $1.25/share
Tuesday, 15 Nov 2016 02:00pm EST 

Insteel Industries Inc :Board declared a special cash dividend of $1.25 per share.  Full Article

Insteel Industries reports Q3 earnings per share $0.71
Thursday, 21 Jul 2016 06:30am EDT 

Insteel Industries Inc : Insteel Industries reports third quarter financial results . Q3 earnings per share $0.71 . Q3 sales $115.6 million versus I/B/E/S view $119.4 million . Q3 earnings per share view $0.52 -- Thomson Reuters I/B/E/S . Q3 results favorably impacted by widening spreads between selling prices and raw material costs . "We expect strong results for our fiscal Q4 driven by favorable conditions in our construction end-markets" .Q3 results also helped by increase in shipments and lower conversion costs relative to prior year quarter.  Full Article

Insteel Industries, Inc declares regular quarterly and special cash dividends
Wednesday, 11 Nov 2015 06:30am EST 

Insteel Industries, Inc:Declares regular quarterly and special cash dividends.Says approved the payment of a special cash dividend of $1.00 per share.Says declared a regular quarterly cash dividend of $0.03 per share on the company's common stock.  Full Article

BRIEF-Insteel Industries increases size of board to 6 directors

* On Sept 6, board increased size of board to 6 directors,appointed G. Kennedy Thompson to serve as independent director - SEC Filing​ Source text for Eikon: Further company coverage: