Brief: Insteel Industries Reports Q3 Earnings Per Share Of $0.11

Insteel Industries

18/07/2019 11:40

July 18 (Reuters) - Insteel Industries Inc  IIIN.O :
    * INSTEEL INDUSTRIES REPORTS THIRD QUARTER 2019 RESULTS
    * Q3 EARNINGS PER SHARE $0.11
    * Q3 SALES $126.3 MILLION VERSUS $126.7 MILLION
    * EXPECT CONTINUED PRICING PRESSURE IN OUR PC STRAND AND
STANDARD
WELDED WIRE REINFORCEMENT MARKETS
    * INSTEEL INDUSTRIES - CONTINUE TO HAVE DIALOGUE WITH
ADMINISTRATION REGARDING DETRIMENTAL IMPACT OF TARIFFS AND ARE
HOPEFUL A SOLUTION WILL BE REACHED
    * SHIPMENTS FOR CURRENT YEAR QUARTER WERE ADVERSELY IMPACTED
BY
INCREASING LOW-PRICED IMPORT COMPETITION

Source text for Eikon:  ID:nPn5HXYSfa 
Further company coverage:  IIIN.O 

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