US45774W1080 - Common Stock
INSTEEL INDUSTRIES INC
NYSE:IIIN (5/3/2024, 7:04:00 PM)
After market: 33.06 0 (0%)33.06
+0.74 (+2.29%)
Insteel Industries, Inc. engages in manufacturing and marketing steel wire reinforcing products for concrete construction applications. The company is headquartered in Mount Airy, North Carolina and currently employs 884 full-time employees. The firm's operations are focused on the manufacture and marketing of steel wire reinforcing products for concrete construction applications. The firm's concrete reinforcing products consist of two product lines: prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures, providing reinforcement for bridges, parking decks, buildings, and other concrete structures. Its WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products are sold to manufacturers of concrete products that are used in nonresidential construction. The firm sells its products nationwide across the United States, Canada, Mexico, and Central and South America.
INSTEEL INDUSTRIES INC
1373 Boggs Dr
Mount Airy NORTH CAROLINA 27030
P: 19107862141
CEO: H. O. WOLTZ
Employees: 884
Website: https://insteel.com/home/
IIIN stock results show that Insteel Indus beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.
Insteel Industries reports disappointing Q1 results with lower-than-expected EPS of $0.06 and revenue of $121.73M, missing estimates by $0.06 and $8.34M...
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