Northwest Pipe (NWPX) Tops Q2 EPS by 31c

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Northwest Pipe Company Announces Second Quarter 2022 Financial Results

August 8, 2022 4:20 PM EDT

Net sales of $118.5 million increased 60.6% year-over-yearGross profit of $24.1 million increased 152.5% year-over-yearNet income of $0.97 per diluted share; adjusted net income of $1.04 per diluted shareRecord quarterly profits and revenues for both of the recently acquired Precast Infrastructure and Engineered Systems segment ("Precast") businessesBacklog1 of $303 million; backlog including confirmed orders2 of $338 million for the Engineered Steel Pressure Pipe segment ("SPP")Record order book3 of $75 million for Precast

VANCOUVER, Wash., Aug. 8, 2022 /PRNewswire/ -- Northwest Pipe... More