Insteel industries reports first 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 first quarter of fiscal 2024 ended december 30, 2023. first quarter 2024 highlights net sales of $121.7 million gross profit of $6.3 million, or 5.2% of net sales net income of $1.1 million, or $0.06 per share operating cash flow of $.
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