Insteel Industries Q1 net income rises nearly 7x to USD 7.6 million

Reuters

Jan 15

Insteel Industries Q1 net income rises nearly 7x to USD 7.6 million

Insteel Industries Inc. reported its first quarter (Q1) 2026 results, posting net sales of USD 159.9 million, up 23.3%. Gross profit for the quarter was USD 18.1 million, or 11.3% of net sales. Net income amounted to USD 7.6 million, or USD 0.39 per share. The company ended the period with a net cash balance of USD 15.6 million and no outstanding debt. Insteel Industries Inc. also paid a special cash dividend totaling USD 19.4 million, or USD 1.00 per share, during the quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Insteel Industries Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260115475741) on January 15, 2026, and is solely responsible for the information contained therein.

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ID: 20260115475741) on January 15, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4086","symbol_name":"建筑产品","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260115:nNDLc1BXGS:1","article_id":"2603432601","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603432601","pubTimestamp":1768476633,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Insteel Industries Inc. reported its first quarter  2026 results, posting net sales of USD 159.9 million, up 23.3%. Gross profit for the quarter was USD 18.1 million, or 11.3% of net sales. Net income amounted to USD 7.6 million, or USD 0.39 per share. The company ended the period with a net cash balance of USD 15.6 million and no outstanding debt. Insteel Industries Inc. also paid a special cash dividend totaling USD 19.4 million, or USD 1.00 per share, during the quarter.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Insteel Industries Inc. published the original content used to generate this news brief via Business Wire  on January 15, 2026, and is solely responsible for the information contained therein.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4086":"建筑产品","IIIN":"Insteel工业"},"translate_title":"Insteel Industries第一季度净利润增长近7倍至760万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IIIN":0.9},"content_text":"Insteel Industries Q1 net income rises nearly 7x to USD 7.6 million\n    \n\n        Insteel Industries Inc. reported its first quarter (Q1) 2026 results, posting net sales of USD 159.9 million, up 23.3%. Gross profit for the quarter was USD 18.1 million, or 11.3% of net sales. Net income amounted to USD 7.6 million, or USD 0.39 per share. The company ended the period with a net cash balance of USD 15.6 million and no outstanding debt. Insteel Industries Inc. also paid a special cash dividend totaling USD 19.4 million, or USD 1.00 per share, during the quarter.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Insteel Industries Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260115475741) on January 15, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}