Northwest Pipe (NWPX) Misses Q2 EPS by 45c

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Northwest Pipe Company Reports Second Quarter 2015 Results and Announces Conference Call

August 5, 2015 4:50 PM EDT

VANCOUVER, WA -- (Marketwired) -- 08/05/15 -- Northwest Pipe Company (NASDAQ: NWPX) today announced its financial results for the quarter ended June 30, 2015. The Company will broadcast its second quarter 2015 earnings conference call on Thursday, August 6, 2015, at 8:00 AM PDT.

Second Quarter 2015 Results Net sales from continuing operations for the quarter ended June 30, 2015 decreased 47.2% to $53.8 million compared to $102.0 million for the quarter ended June 30, 2014. Gross loss was $2.6 million (negative 4.8% of net sales from continuing operations) in the second quarter of 2015, a decrease in profitability from a gross profit of $11.3 million (11.1% of net sales... More