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Demand is slowing down due to high customer inventories and rising interest rates after strong fiscal 2021 and 2022. Profit margins have been heavily impacted by declining steel prices and lower demand.
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its second quarter 2023 earnings conference call will be webcast live over the internet on Thursday, April 20, 2023, 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.
Stocks are showing signs of life in 2023. And if you have a tolerance for risk and are willing to look for stocks to trade, the small-cap sector is one area to find stocks to watch.
Insteel Industries, Inc. (NYSE:IIIN ) Q1 2023 Earnings Conference Call January 19, 2022 10:00 AM ET Company Participants H.O. Woltz - President & Chief Executive Officer Scot Jafroodi - Vice President, Chief Financial Officer & Treasurer Conference Call Participants Tyson Bauer - Kansas City Capital Julio Romero - Sidoti Operator Good morning.
Insteel is suffering the negative effects of FIFO accounting right now -- but at least its stock looks cheap.
MOUNT AIRY, N.C.--( BUSINESS WIRE )--Insteel Industries Inc. (NYSE: IIIN) today announced that its first quarter 2023 earnings conference call will be webcast live over the internet on Thursday, January 19, 2023, at 10:00 a.m. ET following the release of the Company's first 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.
The past couple of months has been very unpleasant for investors in Insteel Industries. Shares have fallen materially more than the market has, even as revenue continues its ascent.
Insteel Industries, Inc. (NYSE:IIIN ) Q4 2022 Earnings Conference Call October 20, 2022 10:00 AM ET Company Participants H.O. Woltz - Chairman, President, and Chief Executive Officer Mark Carano - Senior Vice President, Chief Financial Officer, and Treasurer Conference Call Participants Julio Romero - Sidoti & Co. Tyson Bauer - KC Capital Operator Good morning and a warm welcome to the Insteel Industries' Fourth Quarter 2022 Earnings Conference Call.