Northwest Pipe (NWPX) Misses Q1 EPS Views
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Northwest Pipe Company Reports First Quarter Results and Announces Conference Call
May 4, 2016 4:50 PM EDTVANCOUVER, WA -- (Marketwired) -- 05/04/16 -- Northwest Pipe Company (NASDAQ: NWPX) today announced its financial results for the quarter ended March 31, 2016. The Company will broadcast its first quarter 2016 earnings conference call on Thursday, May 5, 2016, at 8:00 am PDT.
First Quarter 2016 Results Net sales for the quarter ended March 31, 2016 decreased 60.0% to $33.9 million compared to $84.9 million for the quarter ended March 31, 2015. Gross loss was $5.4 million (negative 16.0% of net sales) in the first quarter of 2016, as compared to gross profit of $3.9 million (4.6% of net sales) in the first quarter of 2015. Net loss for the... More
