Northwest Pipe (NWPX) Tops Q4 EPS by 11c

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Northwest Pipe Company Announces Fourth Quarter and Full Year 2021 Financial Results

March 15, 2022 4:20 PM EDT

Annual net sales of $333.3 million increased 16.6% year-over-year Record full-year sales levels achieved at both recently acquired precast companies Backlog of $183 million; record backlog including confirmed orders of $290 million for the Engineered Steel Pressure Pipe segment Record order book of $51 million for the Precast Infrastructure and Engineered Systems segment Annual net income of $1.16 per diluted share; adjusted net income of $1.66 per diluted share Completed acquisition of Park Environmental Equipment, LLC ("ParkUSA") on October 5, 2021 for approximately $88.4 million

VANCOUVER, Wash., March 15, 2022... More