Insteel Industries Inc Q1 FY2022 Earnings Call

Insteel Industries Inc (IIIN)

Earnings Call FY2022 Q1 Call date: 2022-04-22 Concluded

Quarter scorecard

Revenue

$178.46M

+49.2% YoY

Diluted EPS

$1.18

+181% YoY

Gross margin

23.7%

+7.1 pp YoY

Net income

$23.13M

+184% YoY

Welded Wire Reinforcement $113.39M

+53.2%

Prestressed Concrete Strand $65.07M

+42.8%