{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-031429","form_type":"8-K","ticker":"IIIN","cik":"0000764401","company_name":"INSTEEL INDUSTRIES INC","filed_at":"2024-10-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.988334+00:00","generated_at":"2026-05-30T13:30:05.219506+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Insteel Q4 net income $0.24/sh; net sales down 14.7% to $134.3M; fiscal 2024 EPS $0.99 vs $1.66","bullets":["Q4 net income $4.7M ($0.24/sh) vs $5.6M ($0.29/sh) YoY; net sales $134.3M (-14.7%)","Fiscal 2024 net income $19.3M ($0.99/sh) vs $32.4M ($1.66/sh) YoY; net sales $529.2M (-18.5%)","Gross margin improved 20 bps to 9.1% in Q4; fiscal gross margin narrowed to 9.4% from 10.1%","Cash position $111.5M, no debt; capex expected ~$22M in fiscal 2025","CEO cites import headwinds in PC strand markets; expects gradual improvement in FY2025"],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-031429","json":"https://secwatch.observer/filing/0001437749-24-031429.json","markdown":"https://secwatch.observer/filing/0001437749-24-031429.md","text":"https://secwatch.observer/filing/0001437749-24-031429.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764401/000143774924031429/0001437749-24-031429-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764401/000143774924031429/iiin20241015_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T13:30:05.219506+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"}