Northwest pipe company announces first quarter 2023 financial results

Net sales of $99.1 million decreased 9.4% year-over-year; precast infrastructure and engineered systems segment ("precast") net sales increased 2.7% year-over-year gross profit of $16.6 million increased 12.1% year-over-year net income of $0.23 per diluted share backlog 1 of $297 million; backlog including confirmed orders 2  of $370 million for the engineered steel pressure pipe segment ("spp") precast order book 3  of $58 million vancouver, wash. , may 3, 2023 /prnewswire/ -- northwest pipe company (nasdaq: nwpx) (the "company"), a leading manufacturer of water-related infrastructure including engineered steel water pipeline systems; stormwater and wastewater technology products; high-quality precast and reinforced concrete products; pump lift stations; steel casing pipe, bar-wrapped concrete cylinder pipe, and one of the largest offerings of pipeline system joints, fittings, and specialized components, today announced its financial results for the first quarter ended march 31, 2023.
NWPX Ratings Summary
NWPX Quant Ranking