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Insteel Industries, Inc. (NYSE:IIIN ) Q2 2025 Earnings Conference Call April 17, 2025 10:00 AM ET Company Participants H.O. Woltz III - President and CEO Scot Jafroodi - VP, CFO and Treasurer Conference Call Participants Julio Romero - Sidoti & Company Tyson Bauer - KC Capital Operator Hello, and welcome, everyone, to the Insteel Industries Second Quarter 2025 Earnings Call.
Insteel Industries (IIIN) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.35 per share a year ago.
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 second quarter of fiscal 2025, ended March 29, 2025. Second Quarter 2025 Highlights Net earnings of $10.2 million, or $0.52 per diluted share Net sales of $160.7 million Gross profit of $24.5 million, or 15.3% of net sales Net cash bal.
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MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its second quarter 2025 earnings conference call will be webcast live over the internet on Thursday, April 17, 2025, at 10:00 a.m. ET following the release of the Company's second quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's la.
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that Eric Zernikow has been appointed to its board of directors. Mr. Zernikow's term runs through the 2027 annual meeting of shareholders, and he will serve on both the Executive Compensation Committee and Nominating and Governance Committee. Mr. Zernikow has served in various capacities with Nucor Corporation (“Nucor”), the nation's largest steel producer, for 22 years, most recently as General Manager of C.
Insteel Industries, Inc. may benefit following the imposition of the Section 232 tariffs on steel & aluminum, which will include downstream steel products. Improved pricing spreads and strong demand for concrete reinforcing products boosted Insteel's gross margin to 7.3% in Q1 '25. Insteel's strong financial position, with $36 million in cash, no debt, and $100mm available in its revolver, provides IIIN with flexibility for future growth through acquisitions.
Insteel Industries (IIIN) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Here is how Insteel Industries (IIIN) and Life360 (LIF) have performed compared to their sector so far this year.