18
Oct
16:29
Insteel posts earnings gains in fiscal Q4
Insteel Industries’ net earnings in the fiscal fourth quarter show a year-over-year increase to $9.4 million, ($0.49 per share) from $3.8m ($0.20/share) in 2017, Kallanish reports.
Net earnings for fiscal 2018, ended 29 September, increased to $36.3m ($1.88/diluted share) up from $22.5m ($1.17/diluted share) in the prior year. Revenues are reported at $121.4m for Q4 and $453.2m for the year, compared to $388.9 million in 2017…
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Anonymous
Very good overview of the weekly steel market.
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