Insteel industries reports fourth quarter and fiscal 2019 results

Insteel industries reports fourth quarter and fiscal 2019 results.q4 sales fell 6.6 percent to $113.4 million.q4 loss per share $0.09.qtrly cash flow from operations increased to $32.5 million from $4.1 million in prior year quarter."as we move into fiscal 2020, we expect continuation of favorable conditions in our construction end-markets".capital expenditures for fiscal 2019 decreased to $10.5 million from $18.4 million in prior year."import-related headwinds, however, are expected to persist in our pc strand and standard welded reinforcement markets".capital expenditures are expected to total up to $17.0 million in 2020.
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