Northwest Pipe Company Reports Strong Profitability and Backlog and Announces Fourth Quarter Conference Call
Northwest Pipe Company (NWPX)
Last northwest pipe company earnings: 3/2 04:15 pm
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US:NASDAQ Investor Relations:
nwpipe.com/investor-relations
Company Research
Source: GlobeNewswire
Fourth Quarter Highlights The Company achieved its highest quarterly gross profit since 2013, with significant increases from the fourth quarter of 2018: -- Net sales of $72.2 million, an increase of 25.5% -- Gross profit of $16.9 million, an increase of 149.4% -- Gross profit margin of 23.4%, compared to 11.8% -- Operating income of $12.3 million, an increase of 354.5%Net income per diluted share of $1.22 compared to $0.02 in the fourth quarter of 2018 and adjusted net income per diluted share of $1.23 compared to $0.27 in the fourth quarter of 2018. See the Company’s Reconciliation of Non-GAAP Financial Measures belowBacklog including confirmed orders of $258 million, a new year-end record for the CompanyCash increased $19.3 million in the fourth quarterThe acquisition of Geneva Pipe Company, Inc. (“Geneva Pipe and Precast” or “Geneva”) was completed on January 31, 2020 for $49.4 million Full-year Highlights The Company achieved its highest annual gross profit since 2008, with si
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NWPX
News
- Northwest Pipe (NASDAQ: NWPX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Investing in Northwest Pipe (NASDAQ:NWPX) three years ago would have delivered you a 85% gain [Yahoo! Finance]Yahoo! Finance
- Is Mitsubishi Heavy Industries (MHVYF) Stock Outpacing Its Industrial Products Peers This Year? [Yahoo! Finance]Yahoo! Finance
- Northwest Pipe (NASDAQ: NWPX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Northwest Pipe (NASDAQ: NWPX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
NWPX
Earnings
- 10/30/24 - Beat
NWPX
Analyst Actions
- 11/1/24 - Northland Securities
NWPX
Sec Filings
- 12/16/24 - Form 8-K
- 12/13/24 - Form 4
- 12/9/24 - Form 4
- NWPX's page on the SEC website