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Insteel Industries Reports First Quarter 2026 Results
Businesswire· 2026-01-15 11:30
Net earnings for the first quarter of fiscal 2026 increased to $7.6 million, or $0.39 per share, compared with $1.1 million, or $0.06 per share, in the prior year quarter. Prior year results included $1.0 million in restructuring charges and acquisition-related costs, which reduced net earnings per share by $0.04. Insteel's first quarter results were driven by stronger demand for the Company's concrete reinforcement products, which supported wider spreads between selling pricing and raw material costs. Net ...
Insteel Industries Announces First Quarter 2026 Conference Call
Businesswire· 2025-12-15 15:00
Company Overview - Insteel Industries Inc. is the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States [2] - The company produces and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh and concrete pipe reinforcement [2] - Insteel's products are primarily sold to manufacturers of concrete products and concrete contractors, focusing on nonresidential construction applications [2] - The company is headquartered in Mount Airy, North Carolina, and operates eleven manufacturing facilities across the United States [2] Upcoming Financial Event - Insteel Industries will host a first quarter 2026 earnings conference call on January 15, 2026, at 10:00 a.m. ET [1] - The financial results for the first quarter will be released earlier that day at 6:30 a.m. ET [1] - The conference call will be available for live streaming on the company's website and will be archived for later replay [1]