Northwest pipe company announces second quarter 2022 financial results

Net sales of $118.5 million increased 60.6% year-over-year gross profit of $24.1 million increased 152.5% year-over-year net income of $0.97 per diluted share; adjusted net income of $1.04 per diluted share record quarterly profits and revenues for both of the recently acquired precast infrastructure and engineered systems segment ("precast") businesses backlog 1 of $303 million; backlog including confirmed orders 2  of $338 million for the engineered steel pressure pipe segment ("spp") record order book 3  of $75 million for precast vancouver, wash. , aug. 8, 2022 /prnewswire/ -- northwest pipe company (nasdaq: nwpx) (the "company"), a leading manufacturer of water-related infrastructure including engineered pipeline systems and precast products, today announced its financial results for the second quarter ended june 30, 2022.
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