Saturday, January 23, 2010

(AMM) Insteel posts $1.1M loss as sales fall 33%

(AMM) Insteel posts $1.1M loss as sales fall 33%: "Insteel Industries Inc. posted a net loss of $1.1 million in its fiscal first quarter, an 80-percent improvement from a $5.6-million loss in the same period a year earlier despite a 33.3-percent decline in sales to $41.2 million from $61.8 million."