Northwest Pipe (NWPX) Tops Q3 EPS by 14c

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

November 4, 2015 4:58 PM EST

VANCOUVER, WA -- (Marketwired) -- 11/04/15 -- Northwest Pipe Company (NASDAQ: NWPX) today announced its financial results for the quarter ended September 30, 2015. The Company will broadcast its third quarter 2015 earnings conference call on Thursday, November 5, 2015, at 8:00 AM PST.

Third Quarter 2015 Results Net sales from continuing operations for the quarter ended September 30, 2015 decreased 55.1% to $52.3 million compared to $116.5 million for the quarter ended September 30, 2014. Gross loss was $2.5 million (negative 4.8% of net sales from continuing operations) in the third quarter of 2015, a decrease in profitability from a gross profit of $15.8 million (13.6% of net... More