Q1 2020 Insteel Industries Inc Earnings Call
As an investor its worth striving to ensure your overall portfolio beats the market average. But its virtually certain...
Mount Airy-based Insteel buys Strand Tech Manufacturing, will close Summerville, South Carolina plant.
Only two of the Triad's publicly traded companies have seen their stock price go up since Feb. 21.
Insteel Industries, Inc. (NasdaqGS: IIIN) today announced that its board of directors declared a quarterly cash dividend of $0.03 per share on the Company's common stock payable on June 26, 2020 to shareholders of record as of June 12, 2020.
Insteel net earnings are down for the first half of fiscal year 2020, but it is in sound financial position to weather the economic slowdown.
Insteel Industries, Inc. (NasdaqGS: IIIN) today announced that its first quarter 2020 earnings conference call will be webcast live over the internet on Thursday, January 16, 2020 at 10:00 a.m. ET following the release of the Company's first quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://insteelgcs.gcs-web.com/company-news/events-and-presentations and will be archived for replay.
Shareholders will be ecstatic, with their stake up 22% over the past week following Insteel Industries, Inc.'s...
In 1991 Howard Woltz was appointed CEO of Insteel Industries, Inc. (NASDAQ:IIIN). This report will, first, examine the...
Insteel Industries, Inc. (NasdaqGS: IIIN) today announced that Michael C. Gazmarian, Insteel's Vice President, Chief Financial Officer and Treasurer, will be leaving the Company to pursue other opportunities. The Company will immediately initiate a comprehensive search for his successor. Mr. Gazmarian will participate in this process and will continue in his current capacity during the leadership transition.
Insteel Industries, Inc. (NasdaqGS: IIIN) today announced the appointment of Mark A. Carano as Vice President, Chief Financial Officer and Treasurer effective May 18, 2020. Mr. Carano will be succeeding Michael C. Gazmarian, who will be continuing with the Company through July 31, 2020 to assist with the leadership transition.
The spreading coronavirus rattled markets across the globe Monday, including on Wall Street. The S&P 500 fell 3.4 per cent, its worst day since February 2018. The Nasdaq dropped 3.7 per cent and the Dow was down 1,000 points, a loss to close the day 3.
Insteel Industries, Inc. (NasdaqGS: IIIN) today announced that its wholly-owned subsidiary, Insteel Wire Products Company (together referred to as "Insteel" or the "Company" in this press release), has acquired substantially all of the assets of Strand-Tech Manufacturing, Inc. ("STM") for $22.5 million, subject to certain post-closing adjustments.
Shares of Insteel Industries (NASDAQ: IIIN) were unchanged at $15.23 in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share increased 480.00% year over year to $0.29, which beat the estimate of $0.09.Revenue of $114,900,000 rose by 2.64% from the same period last year, which beat the estimate of $100,280,000.Guidance Insteel Indus hasn't issued any earnings guidance for the time being.Insteel Indus hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Apr 16, 2020View more earnings on IIINTime: 03:01 PM ETWebcast URL: https://edge.media-server.com/mmc/p/6e3zqoceTechnicals Company's 52-week high was at $26.6152-week low: $10.00Price action over last quarter: down 41.45%Company Description Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.See more from Benzinga * Recap: Sonoco Products Q1 Earnings * Bed Bath & Beyond: Q4 Earnings Insights * Lakeland Industries: Q4 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Q2 2020 Insteel Industries Inc Earnings Call
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Insteel Industries, Inc. (NasdaqGS: IIIN) today announced that its second quarter 2020 earnings conference call will be webcast live over the internet on Thursday, April 16, 2020 at 10:00 a.m. ET following the release of the Company's second quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://insteelgcs.gcs-web.com/company-news/events-and-presentations and will be archived for replay.
Insteel Industries, Inc. (NASDAQ:IIIN), which is in the building business, and is based in United States, saw a...