Brief: Insteel Industries Reports First Quarter 2021 Results

Insteel Industries

21/01/2021 11:34

Jan 21 (Reuters) - Insteel Industries Inc  IIIN.O :
    * INSTEEL INDUSTRIES REPORTS FIRST QUARTER 2021 RESULTS
    * Q1 EARNINGS PER SHARE $0.42
    * Q1 SALES ROSE 22.6 PERCENT TO $119.6 MILLION
    * EXPECT FINAL DETERMINATIONS IN OUR STANDARD WELDED WIRE
REINFORCING TRADE CASES AGAINST MEXICO BEFORE END OF CURRENT
QUARTER
    * INSTEEL INDUSTRIES - ON JAN 8 INTERNATIONAL TRADE
COMMISSION
RULED IN CO'S FAVOR WITH RESPECT TO PC STRAND TRADE CASES
PENDING AGAINST 8 COUNTRIES
    * FULL YEAR OUTLOOK FOR 2021 IS CAUTIOUSLY OPTIMISTIC

Source text for Eikon:  ID:nPn5Rj6RWa 
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