Northwest Pipe (NWPX) Tops Q4 EPS by 84c
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Northwest Pipe Company Reports Improved Fourth Quarter and the Full Year 2016 Results and Announces Conference Call
March 8, 2017 5:43 PM ESTQuarterly Highlights:
Water Transmission gross profit was $3.8Â million, or 9.6% of segment net sales which was the highest margin percentage in nearly two years reflecting the Companys increased focus on margin over volume. The Company realized gross margin percentages of 7.2% in the third quarter of 2016 and negative 19.2% in the fourth quarter of 2015Water Transmission sales decreased to $39.2Â million, down 4.6% from the previous quarter and up 1.3% from the fourth quarter of 2015The Company completed the sale of its... More