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Insteel Industries Inc (IIIN.OQ)

IIIN.OQ on NASDAQ Stock Exchange Global Select Market

35.57USD
4:00pm EDT
Change (% chg)

$-0.62 (-1.71%)
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Open
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Volume
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44,977
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$24.54

Latest Key Developments (Source: Significant Developments)

Insteel Industries Q1 Earnings Per Share $0.42
Thursday, 18 Jan 2018 06:30am EST 

Jan 18 (Reuters) - Insteel Industries Inc ::INSTEEL INDUSTRIES REPORTS FIRST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $0.42.Q1 SALES $97.7 MILLION VERSUS I/B/E/S VIEW $94.9 MILLION.Q1 EARNINGS PER SHARE VIEW $0.22 -- THOMSON REUTERS I/B/E/S.- ‍CAPITAL OUTLAYS FOR FISCAL 2018 ARE EXPECTED TO TOTAL UP TO $21.0 MILLION​.INSTEEL - ENCOURAGED BY IMPROVING DEMAND TRENDS DURING Q1 FOLLOWING WEAKNESS EXPERIENCED OVER SECOND HALF OF FISCAL 2017.- FIRST-QUARTER RESULTS WERE UNFAVORABLY IMPACTED BY NARROWER SPREADS BETWEEN SELLING PRICES AND RAW MATERIAL COSTS.INSTEEL INDUSTRIES - "‍AS WE MOVE INTO Q2, HOWEVER, WE EXPECT OUR RESULTS WILL BE AFFECTED BY USUAL WEATHER-RELATED SLOWDOWN IN CONSTRUCTION ACTIVITY".INSTEEL INDUSTRIES - FOR REMAINDER OF FISCAL 2018, LEADING INDICATORS FOR CONSTRUCTION SECTOR ARE SIGNALING CONTINUED GROWTH.  Full Article

INSTEEL INDUSTRIES SAYS ITS UNIT ACQUIRES ASSETS OF ORTIZ ENGINEERED PRODUCTS
Monday, 6 Nov 2017 01:00pm EST 

Nov 6 (Reuters) - Insteel Industries Inc ::INSTEEL INDUSTRIES ACQUIRES ASSETS OF ORTIZ ENGINEERED PRODUCTS, INC..INSTEEL INDUSTRIES INC - ‍TERMS OF TRANSACTION WERE NOT DISCLOSED.​.INSTEEL INDUSTRIES INC SAYS ITS UNIT ‍INSTEEL WIRE PRODUCTS COMPANY HAS ACQUIRED CERTAIN ASSETS OF ORTIZ ENGINEERED PRODUCTS INC​.  Full Article

Insteel Industries announces fourth quarter and fiscal 2017 results and declares special cash dividend
Thursday, 19 Oct 2017 06:30am EDT 

Oct 19 (Reuters) - Insteel Industries Inc :Insteel industries announces fourth quarter and fiscal 2017 results and declares special cash dividend.Q4 earnings per share $0.20.Q4 sales $96.9 million versus I/B/E/S view $96.2 million.Q4 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.Insteel Industries Inc - ‍that its board of directors declared a special cash dividend of $1.00 per share on company's common stock​.Insteel Industries - 4 facilities located in Texas, Florida were adversely affected by reduced volumes related to hurricanes Harvey and Irma in quarter​.Insteel Industries Inc - ‍capital outlays for fiscal 2018 are expected to total up to $21.0 million​.  Full Article

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