Insteel industries reports first quarter 2022 results

Mount airy, n.c.--(business wire)--insteel industries inc. (nyse: iiin) today announced financial results for its first quarter ended january 1, 2022. first quarter 2022 results for the first quarter of fiscal 2022, insteel recorded record quarterly revenue of $178.5 million and record first quarter net earnings of $23.1 million, or $1.18 per diluted share, compared to $8.1 million, or $0.42 per diluted share, in the same period a year ago. net sales increased 49.2% and earnings per share incre
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