Earnings Call Summary | Insteel Industries(IIIN.US) Q2 2024 Earnings Conference
Earnings Call Summary | Insteel Industries(IIIN.US) Q2 2024 Earnings Conference
The following is a summary of the Insteel Industries, Inc. (IIIN) Q2 2024 Earnings Call Transcript:
以下是Insteel Industries, Inc.（IIIN）2024年第二季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Insteel Industries reported Q2 net earnings of $6.9 million, up from $5.1 million in comparison to the previous year, with earnings per share also rising to $0.35 per diluted share.
Shipments rose 1.9% from Q1 but fell 3.2% year-over-year, however, April shipments were above expected levels.
Average selling prices rose 2.7% from Q1, but faced a decrease of 17.3% year-over-year.
Gross profit increased to $15.7 million with a gross margin of 12.3% and total capital expenditures for the quarter were $2 million with a full-year target of $30 million.
Insteel Industries公佈的第二季度淨收益爲690萬美元，高於上年的510萬美元，每股收益也增至攤薄後每股收益0.35美元。
出貨量較第一季度增長了1.9％，但同比下降了3.2％，但是，4月份的出貨量高於預期水平。
平均銷售價格較第一季度上漲了2.7％，但同比下降了17.3％。
毛利增至1,570萬美元，毛利率爲12.3％，本季度的總資本支出爲200萬美元，全年目標爲3000萬美元。
Business Progress:
業務進展：
Insteel Industries has seen a steady acceleration in its markets since the start of the year and expects this trend to continue into Q3.
Despite various challenges like project delays, market weaknesses, and competition, Insteel continues to invest in technology to enhance product capabilities and reduce production costs.
The company is also actively exploring growth opportunities, including potential acquisitions.
自年初以來，Insteel Industries的市場穩步加速，並預計這種趨勢將持續到第三季度。
儘管存在諸如項目延誤、市場疲軟和競爭等各種挑戰，但Insteel仍在繼續投資技術以增強產品能力和降低生產成本。
該公司還在積極探索增長機會，包括潛在的收購。
More details: Insteel Industries IR
更多詳情： Insteel 工業投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。