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Northwest Pipe (NWPX) Tops Q3 EPS by 2c

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Northwest Pipe Company Reports Improved Third Quarter Results and Announces Conference Call

November 1, 2016 5:27 PM EDT

VANCOUVER, WA -- (Marketwired) -- 11/01/16 -- Northwest Pipe Company (NASDAQ: NWPX)

Highlights:

Water Transmission returned to profitability for the first time since the second quarter of 2015 Water Transmission sales improved to $41.1 million, up 3.3% over the previous quarter and up 3.2% from third quarter 2015 Water Transmission gross profit was $2.9 million, compared to a gross loss of $1.3 million in the previous quarter and a gross loss of $0.7 million in the third quarter of 2015 Net income per diluted share improved to $0.08, up from a loss of ($0.65)... More