MCKINNEY, Texas (AP) _ Encore Wire Corp. (WIRE) on Monday reported third-quarter net income of $16.4 million.
The McKinney, Texas-based company said it had profit of 78 cents per share.
The copper wire maker posted revenue of $321.2 million in the period.
Encore Wire shares have increased 18% since the beginning of the year. In the final minutes of trading on Monday, shares hit $59.18, a rise of 40% in the last 12 months.