MOUNT AIRY, N.C. (AP) — MOUNT AIRY, N.C. (AP) — Insteel Industries Inc. (IIIN) on Thursday reported profit of $14.6 million in its fiscal fourth quarter.
The Mount Airy, North Carolina-based company said it had net income of 74 cents per share.
The maker of steel wire reinforcing for the concrete and construction industry posted revenue of $177.4 million in the period.
For the year, the company reported profit of $41 million, or $2.10 per share. Revenue was reported as $647.7 million.
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