Northwest pipe company announces third quarter 2024 financial results

Net sales of $130.2 million increased 9.7% year-over-year record net sales of $44.3 million for the precast infrastructure and engineered systems segment ("precast") record gross profit of $27.0 million increased 40.0% year-over-year; gross profit margin of 20.8% net income of $1.02 per diluted share generated strong net cash provided by operating activities of $22.7 million backlog 1 of $231 million for the engineered steel pressure pipe segment ("spp"); backlog including confirmed orders 2 of $282 million order book 3 of $57 million for precast vancouver, wash. , oct. 30, 2024 /prnewswire/ -- northwest pipe company (nasdaq: nwpx) (the "company"), a leading manufacturer of water-related infrastructure products, today announced its financial results for the third quarter ended september 30, 2024.
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