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Insteel Industries: Fiscal 2Q Earnings Snapshot

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.


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