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Insteel Industries Inc (IIIN.OQ)

IIIN.OQ on NASDAQ Stock Exchange Global Select Market

25.68USD
22 Nov 2017
Change (% chg)

$0.42 (+1.66%)
Prev Close
$25.26
Open
$25.27
Day's High
$25.91
Day's Low
$25.27
Volume
101,055
Avg. Vol
61,959
52-wk High
$42.79
52-wk Low
$23.65

Latest Key Developments (Source: Significant Developments)

INSTEEL INDUSTRIES SAYS ITS UNIT ACQUIRES ASSETS OF ORTIZ ENGINEERED PRODUCTS
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Insteel Industries Inc ::INSTEEL INDUSTRIES ACQUIRES ASSETS OF ORTIZ ENGINEERED PRODUCTS, INC..INSTEEL INDUSTRIES INC - ‍TERMS OF TRANSACTION WERE NOT DISCLOSED.​.INSTEEL INDUSTRIES INC SAYS ITS UNIT ‍INSTEEL WIRE PRODUCTS COMPANY HAS ACQUIRED CERTAIN ASSETS OF ORTIZ ENGINEERED PRODUCTS INC​.  Full Article

Insteel Industries announces fourth quarter and fiscal 2017 results and declares special cash dividend
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Insteel Industries Inc :Insteel industries announces fourth quarter and fiscal 2017 results and declares special cash dividend.Q4 earnings per share $0.20.Q4 sales $96.9 million versus I/B/E/S view $96.2 million.Q4 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.Insteel Industries Inc - ‍that its board of directors declared a special cash dividend of $1.00 per share on company's common stock​.Insteel Industries - 4 facilities located in Texas, Florida were adversely affected by reduced volumes related to hurricanes Harvey and Irma in quarter​.Insteel Industries Inc - ‍capital outlays for fiscal 2018 are expected to total up to $21.0 million​.  Full Article

Insteel Industries reports Q3 earnings per share $0.71
Thursday, 21 Jul 2016 

Insteel Industries Inc : Insteel Industries reports third quarter financial results . Q3 earnings per share $0.71 . Q3 sales $115.6 million versus I/B/E/S view $119.4 million . Q3 earnings per share view $0.52 -- Thomson Reuters I/B/E/S . Q3 results favorably impacted by widening spreads between selling prices and raw material costs . "We expect strong results for our fiscal Q4 driven by favorable conditions in our construction end-markets" .Q3 results also helped by increase in shipments and lower conversion costs relative to prior year quarter.  Full Article