{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-020260","form_type":"8-K","ticker":"IIIN","cik":"0000764401","company_name":"INSTEEL INDUSTRIES INC","filed_at":"2023-07-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.618737+00:00","generated_at":"2026-06-13T05:57:02.714671+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Insteel Industries Q3 FY2023 EPS falls to $0.54 from $1.96 YoY; revenue down 27% to $165.7M","bullets":["Net earnings $10.6M ($0.54/diluted share) vs $38.6M ($1.96) in prior-year quarter.","Net sales $165.7M, down 27.1% from $227.2M; average selling prices declined 24.7% YoY.","Gross margin narrowed to 12.3% from 25.6% due to lower spreads and higher-cost inventory.","Ended quarter debt-free with $91.7M cash; FY2023 capex expected up to $35M.","Management expects modest Q4 recovery driven by nonresidential and residential construction."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-020260","json":"https://secwatch.observer/filing/0001437749-23-020260.json","markdown":"https://secwatch.observer/filing/0001437749-23-020260.md","text":"https://secwatch.observer/filing/0001437749-23-020260.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764401/000143774923020260/0001437749-23-020260-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764401/000143774923020260/iiin20230718_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:57:02.714671+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}