---
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"
generated_at: "2026-05-30T13:30:05.219506+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Insteel Q4 net income $0.24/sh; net sales down 14.7% to $134.3M; fiscal 2024 EPS $0.99 vs $1.66

## Summary
- 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

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-031429
- JSON: https://secwatch.observer/filing/0001437749-24-031429.json
- Plain text: https://secwatch.observer/filing/0001437749-24-031429.txt

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