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Stock impact report

Insteel Industries Reports First Quarter 2026 Results

Insteel Industries, Inc. (IIIN) 
US:NASDAQ Investor Relations: investor.insteel.com
Company Research Source: Business Wire
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 reported financial results for its first quarter of fiscal 2026, ended December 27, 2025.First Quarter 2026 HighlightsPayment of special cash dividend totaling $19.4 million, or $1.00 per shareNet sales of $159.9 millionGross profit of $18.1 million, or 11.3% of net salesNet income of $7.6 million, or $0.39 per shareNet cash balance of $15.6 million and no debt outstanding as of December 27, 2025Positive momentum with a strengthening outlookFirst Quarter 2026 ResultsNet earnings for the first quarter of fiscal 2026 increased to $7.6 million, or $0.39 per share, compared with $1.1 million, or $0.06 per share, in the prior year quarter. Prior year results included $1.0 million in restructuring charges and acquisition-related costs, which reduced net earnings Show less Read more
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