{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-013111","form_type":"8-K","ticker":"IIIN","cik":"0000764401","company_name":"INSTEEL INDUSTRIES INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.929530+00:00","generated_at":"2026-06-03T08:49:13.376318+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Insteel Industries Q2 EPS $0.35; net sales $127.4M, down 19.9% YoY","bullets":["Net earnings $6.9M ($0.35 diluted EPS) vs $5.1M ($0.26) a year ago; gross margin widened to 12.3% from 8.3%.","Net sales decreased 19.9% to $127.4M from $159.1M, driven by 17.3% lower average selling prices and 3.2% lower shipments.","Company ended quarter debt-free with $83.9M cash and no borrowings on $100M revolver; capex guidance ~$30M for fiscal 2024.","Management cites improving demand environment, seasonal upturn, and optimism from infrastructure spending."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-013111","json":"https://secwatch.observer/filing/0001437749-24-013111.json","markdown":"https://secwatch.observer/filing/0001437749-24-013111.md","text":"https://secwatch.observer/filing/0001437749-24-013111.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764401/000143774924013111/0001437749-24-013111-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764401/000143774924013111/iiin20240418_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:49:13.376318+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"}