Northwest Pipe

Northwest Pipe Co. operates as a manufacturer of engineered steel pipe water systems in North America. It operates through the following segments: Engineered Steel Pressure Pipe and Precast Infrastructure and Engineered Systems. The Engineered Steel Pressure Pipe segment manufactures large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems, hydroelectric power systems, wastewater systems, industrial plant piping systems, certain structural applications and other applications. Precast Infrastructure and Engineered Systems segment manufactures high-quality precast and reinforced concrete products, including manholes, box culverts, vaults, catch basins, oil water separators, pump lift stations, biofiltration, and other environmental and engineered solutions. The company was founded in 1966 and is headquartered in Vancouver, WA.

Earnings data Q1 2021

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Earnings data Q4 2024

Northwest Pipe (NWPX) reports stellar 2022 performance amidst Q1 challenges

Northwest Pipe (NWPX) delivered impressive financial results in 2022, driven by revenue growth, margin improvements, and a record backlog. While facing challenges in Q1 2023, the company remains optimistic about the year ahead, leveraging opportunities for expansion and operational enhancements.

Northwest Pipe reports Q1 revenue decline but strong backlog

Northwest Pipe's Q1 2023 performance reflects revenue decline but with strong backlog levels and improved gross margins.
Strengths in the precast segment and growth initiatives offer positive outlooks for future performance.
Challenges in the steel pressure pipe segment highlight the impact of delays and weather events on operations.
Opportunities lie in leveraging the backlog, expanding in the precast space, and enhancing efficiency in operations.

Northwest Pipe reports resilient Q2 results amidst margin challenges

Northwest Pipe Company's Q2 2023 performance reflects a mixed picture with revenue growth, margin challenges, and ongoing operational improvements. Despite facing lower bidding activity and decreased precast revenue, the company maintains a positive outlook for the second half of 2023.
With a focus on SPP efficiency, precast business diversification, and addressing material weaknesses through ERP implementation, Northwest Pipe Company aims to strengthen its market position and financial performance. Leveraging opportunities in its strong backlog and stable demand, the company navigates challenges to drive growth and profitability.
Investors should monitor how Northwest Pipe Company manages margin pressures, bidding activity, and steel price fluctuations while capitalizing on growth opportunities. The company's strategic initiatives and financial stability position it for long-term success in the industry.

Northwest Pipe reports Q3 revenue growth amidst strategic challenges

Northwest Pipe's Q3 performance showed revenue growth but faced challenges in segment revenues and profitability.
The company is strategically focusing on organic growth, ERP implementation, and shareholder value enhancement.
Opportunities lie in anticipated bidding activity pickup, stronger years ahead, and free cash flow generation.
Despite caution in acquisitions and debt management, optimism remains for future growth and market expansion.

Northwest Pipe reports solid 2023 performance and optimistic outlook

Northwest Pipe Company's 2023 performance reflects solid sales, margin pressures, strong cash flows, and a positive outlook for 2024 despite challenges in the steel pressure pipe and precast segments.
The company's strengths include a focus on safety, improved financial controls, cash flow generation, and aligning incentives with cash flow goals to drive shareholder value.
Challenges include margin pressures, integration complexities in M&A, and balancing cost reductions with strategic growth amidst market uncertainties.
Opportunities exist in the positive outlook for 2024, M&A strategy in the precast space, increasing cash flow for valuation growth, and building acquisition capabilities efficiently.

Northwest Pipe reports strong Q1 results, eyes margin expansion

Northwest Pipe's Q1 performance reflects revenue growth, operational efficiency, and strategic capital allocation priorities.
The company's strengths lie in the robust SPP segment, stable steel prices, and a focus on safety and margin optimization.
Challenges include precast revenue decline, macroeconomic pressures, and operational constraints like labor flexibility and port capacity.
Opportunities for Northwest Pipe include margin expansion, improved free cash flow, M&A prospects, and strategic growth initiatives.

Northwest Pipe reports strong Q2 earnings, eyes growth opportunities

Northwest Pipe Company's Q2 2024 earnings call reflects a robust performance with revenue growth, increased gross profit, and strategic capital allocation priorities.
While facing challenges from severe weather events, the company remains focused on operational efficiency, safety, and maximizing shareholder value through share repurchases.
With a positive outlook for Q3 2024 and emphasis on strategic growth opportunities, Northwest Pipe Company is poised for continued success in its core businesses.

Northwest Pipe (NWPX) achieves record Q3 performance amidst challenges

Northwest Pipe's Q3 2024 earnings call highlighted a strong performance with record sales and gross profit. While facing challenges in backlog and steel price fluctuations, the company's strategic focus on safety, margins, and growth opportunities positions it well for continued success.

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Northwest Pipe Company (NASDAQ:NWPX ) Q2 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Scott Montross - President and Chief Executive Officer Aaron Wilkins - Chief Financial Officer Conference Call Participants Julio Romero - Sidoti & Company, LLC Jean Ramirez - D.A. Davidson & Co. Operator Good day, and welcome to the Northwest Pipe Company Second Quarter 2023 Earnings Conference Call.

Northwest Pipe Company (NWPX) Q2 2023 Earnings Call Transcript

Northwest Pipe Co. (NWPX) came out with quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $1.04 per share a year ago.

Northwest Pipe Co. (NWPX) Q2 Earnings Lag Estimates

Net sales of $116.4 million decreased 1.8% year-over-year Gross profit of $22.5 million decreased 6.6% year-over-year Net income of $0.74 per diluted share Backlog 1 of $292 million; backlog including confirmed orders 2  of $343 million for the Engineered Steel Pressure Pipe segment ("SPP") Order book 3  of $58 million for the Precast Infrastructure and Engineered Systems segment ("Precast") VANCOUVER, Wash. , Aug. 2, 2023 /PRNewswire/ --Northwest Pipe Company (NASDAQ: NWPX) (the "Company"), a leading manufacturer of water-related infrastructure products 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 second quarter ended June 30, 2023.

Northwest Pipe Company Announces Second Quarter 2023 Financial Results

Northwest Pipe Co. (NWPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Northwest Pipe Co. (NWPX) Q2 Earnings Expected to Decline

Financial results to be released after market close on August 2, 2023 Conference call to begin at 7:00 a.m. PT on August 3, 2023 VANCOUVER, Wash.

Northwest Pipe Company to Release Second Quarter 2023 Financial Results on August 2nd

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The Biden administration's investment into water infrastructure could be a significant benefit for Northwest Pipe Company, a company that offers steel pressure pipes and precast infrastructure. The latter segment has strong growth potential, especially with the need for water infrastructure upgrades across the US. Safer times to buy shares would be when orders for the Precast segment are increasing and overall top and bottom line growth is seen.

Northwest Pipe Company: Challenging Quarter Brings Future Performance Into Question

Northwest Pipe Company (NASDAQ:NWPX ) Q1 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Scott Montross - President & Chief Executive Officer Aaron Wilkins - Chief Financial Officer Conference Call Participants David Wright - Henry Investment Trust Operator Good morning. Welcome to Northwest Pipe Company First Quarter 2023 Earnings Call.

Northwest Pipe Company (NWPX) Q1 2023 Earnings Call Transcript

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.

Northwest Pipe Company Announces First Quarter 2023 Financial Results

Financial results to be released after market close on May 3, 2023 Conference call to begin at 7:00 a.m. PT on May 4, 2023 VANCOUVER, Wash.

Northwest Pipe Company to Release First Quarter 2023 Financial Results on May 3rd

New technology expands Company's stormwater and wastewater solutions. VANCOUVER, Wash.

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Are Investors Undervaluing Northwest Pipe Company (NWPX) Right Now?

VANCOUVER, Wash. , March 16, 2023 /PRNewswire/ -- Northwest Pipe Company (NASDAQ: NWPX), an industry leader of engineered pipeline systems for water infrastructure, announced today that Scott Montross, President and Chief Executive Officer, and Aaron Wilkins, Chief Financial Officer, will participate in the Sidoti Small-Cap Virtual Conference on Thursday, March 23, 2023.

Northwest Pipe Company Announces Participation at the Sidoti Small-Cap Virtual Conference

Northwest Pipe Company (NASDAQ:NWPX ) Q4 2022 Earnings Conference Call March 16, 2023 10:00 AM ET Company Participants Scott Montross - President and CEO Aaron Wilkins - CFO Conference Call Participants Ted Jackson - Northland Securities Brent Thielman - D.A. Davidson David Wright - Henry Investment Trust Operator Greetings.

Northwest Pipe Company (NWPX) Q4 2022 Earnings Call Transcript

Northwest Pipe Co. (NWPX) delivered earnings and revenue surprises of 13.33% and 0.80%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Northwest Pipe Co. (NWPX) Q4 Earnings Surpass Estimates

Annual net sales of $457.7 million increased 37.3% year-over-year Record annual gross profit of $85.9 million increased 94.0% year-over-year Record annual net income of $3.11 per diluted share; adjusted net income of $3.35 per diluted share Backlog 1 of $274 million; backlog including confirmed orders 2  of $372 million for the Engineered Steel Pressure Pipe segment ("SPP"), a new record Order book 3  of $64 million for the Precast Infrastructure and Engineered Systems segment ("Precast") VANCOUVER, Wash. , March 15, 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 fourth quarter and full year ended December 31, 2022.

Northwest Pipe Company Announces Fourth Quarter and Full Year 2022 Financial Results

Financial results to be released after market close on March 15, 2023 Conference call to begin at 7:00 a.m. PT on March 16, 2023 VANCOUVER, Wash.

Northwest Pipe Company to Release Fourth Quarter and Full Year 2022 Financial Results on March 15th

New Director brings expertise in human capital and executive leadership. VANCOUVER, Wash.

Northwest Pipe Company Elects Irma Lockridge to its Board of Directors

Northwest Pipe Co. (NWPX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Northwest Pipe Co. (NWPX) Beat Estimates Again in Its Next Earnings Report?

Northwest Pipe beat the market revenue and EPS estimate by 7.8% and 34.6% respectively. NWPX saw solid growth in revenue of both SPP and Precast segment.

Northwest Pipe Company: Promising Future With Improving Financials

The Company is selected to produce another segment of the Alliance Water project. VANCOUVER, Wash.

Northwest Pipe Company to Manufacture Engineered Steel Pressure Texas Pipeline Project

New joint is first of its kind to allow for curved steel trenchless installation. VANCOUVER, Wash.

Northwest Pipe Company Introduces the Radial Bending Joint for Steel Pipe Microtunneling

Northwest Pipe Company (NASDAQ:NWPX ) Q3 2022 Earnings Conference Call November 9, 2022 10:00 AM ET Company Participants Scott Montross - President and CEO Aaron Wilkins - CFO Conference Call Participants Brent Thielman - D.A. Davidson David Wright - Henry Investment Trust Operator Greetings.

Northwest Pipe Company (NWPX) Q3 2022 Earnings Call Transcript

Net sales of $123.0 million increased 45.3% year-over-year Gross profit of $25.1 million increased 103.2% year-over-year Net income of $0.99 per diluted share; adjusted net income of $1.05 per diluted share Backlog 1 of $295 million; backlog including confirmed orders 2  of $347 million for the Engineered Steel Pressure Pipe segment ("SPP"), a new quarterly record Order book 3  of $74 million for the Precast Infrastructure and Engineered Systems segment ("Precast") VANCOUVER, Wash. , Nov. 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 third quarter ended September 30, 2022.

Northwest Pipe Company Announces Third Quarter 2022 Financial Results

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