MOUNT AIRY, N.C. (AP) _ Insteel Industries Inc. (IIIN) on Thursday reported fiscal third-quarter net income of $6.7 million.

The Mount Airy, North Carolina-based company said it had net income of 34 cents per share. Earnings, adjusted for restructuring costs, came to 37 cents per share.

The maker of steel wire reinforcing for the concrete and construction industry posted revenue of $122 million in the period.

Insteel Industries shares have dropped nearly 8% since the beginning of the year. The stock has dropped almost 7% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IIIN at https://www.zacks.com/ap/IIIN

Automated Insights, source Associated Press News