Northwest pipe company announces second quarter 2024 financial results

Net sales of $129.5 million increased 11.3% year-over-year record net sales of $89.5 million for the engineered steel pressure pipe segment ("spp") record gross profit of $25.8 million increased 14.8% year-over-year net income of $0.86 per diluted share generated strong net cash provided by operating activities of $22.3 million backlog1 of $282 million; backlog including confirmed orders2 of $348 million for spp order book3 of $62 million for the precast infrastructure and engineered systems segment ("precast") vancouver, wash. , july 31, 2024 /prnewswire/ -- northwest pipe company (nasdaq: nwpx) (the "company"), a leading manufacturer of water-related infrastructure products, today announced its financial results for the second quarter ended june 30, 2024.
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