---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-017484"
form_type: "8-K"
ticker: "IIIN"
cik: "0000764401"
company_name: "INSTEEL INDUSTRIES INC"
filed_at: "2022-07-21T23:59:59+00:00"
generated_at: "2026-06-24T10:35:44.651432+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Insteel Industries Q3 EPS $1.96, sales $227.2M; both up sharply YoY

## Summary
- Net earnings $38.6M ($1.96 diluted EPS) vs $18.4M ($0.94) a year ago.
- Net sales $227.2M, up 41% YoY; average selling prices +53.9%, shipments -8.2%.
- Gross margin widened 600 bps to 25.6% due to higher price-cost spreads.
- Ended quarter debt-free with $63M cash; FY2022 capex expected up to $20M.
- CEO sees strong Q4 but notes softening in standard welded wire and tight labor.

## SEC filing metadata
- accession: 0001437749-22-017484
- form_type: 8-K
- ticker: IIIN
- cik: 0000764401
- company_name: INSTEEL INDUSTRIES INC
- filed_at: 2022-07-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764401/000143774922017484/0001437749-22-017484-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764401/000143774922017484/iiin20220718_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-017484
- JSON: https://secwatch.observer/filing/0001437749-22-017484.json
- Plain text: https://secwatch.observer/filing/0001437749-22-017484.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.