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Insteel Industries: Fiscal 2Q Earnings Snapshot

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MOUNT AIRY, N.C. (AP) _ Insteel Industries Inc. (IIIN) on Thursday reported fiscal second-quarter profit of $1 million.

On a per-share basis, the Mount Airy, North Carolina-based company said it had profit of 5 cents.

The maker of steel wire reinforcing for the concrete and construction industry posted revenue of $111.9 million in the period.

Insteel Industries shares have decreased 7.5 percent since the beginning of the year. The stock has fallen 22 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IIIN at https://www.zacks.com/ap/IIIN