Insteel industries reports third quarter 2021 results

Mount airy, n.c.--(business wire)--insteel industries inc. (nyse: iiin) today announced financial results for its third quarter ended july 3, 2021. third quarter 2021 results net earnings increased to $18.4 million, or $0.94 per diluted share, from $6.7 million, or $0.34 per diluted share, in the same period a year ago. insteel's third quarter results benefitted from higher spreads between selling prices and raw material costs driven by strong demand for the company's reinforcing products and p
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