Insteel Industries Reports Second Quarter 2024 Results

MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today announced financial results for its second quarter of fiscal 2024 ended March 30, 2024. Second Quarter 2024 Highlights Net earnings of $6.9 million, or $0.35 per diluted share Net sales of $127.4 million Gross profit of $15.7 million, or 12.3% of net sales Operating cas