Insteel Industries: Fiscal 4Q Earnings Snapshot

MOUNT AIRY, N.C. (AP) _ Insteel Industries Inc. (IIIN) on Thursday reported fiscal fourth-quarter earnings of $9.4 million.

The Mount Airy, North Carolina-based company said it had net income of 49 cents per share.

The maker of steel wire reinforcing for the concrete and construction industry posted revenue of $121.4 million in the period.

For the year, the company reported profit of $36.3 million, or $1.88 per share. Revenue was reported as $453.2 million.

Insteel Industries shares have increased 19 percent since the beginning of the year. The stock has risen 24 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