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Northwest Pipe(NWPX) - 2024 Q2 - Quarterly Results
NWPXNorthwest Pipe(NWPX)2024-07-31 20:23

Exhibit 99.1 Northwest Pipe Company Announces Second Quarter 2024 Financial Results • Net sales of 129.5millionincreased11.3129.5 million increased 11.3% year-over-year • Record net sales of 89.5 million for the Engineered Steel Pressure Pipe segment ("SPP") • Record gross profit of 25.8millionincreased14.825.8 million increased 14.8% year-over-year • Net income of 0.86 per diluted share • Generated strong net cash provided by operating activities of 22.3millionBacklog1of22.3 million • Backlog1 of 282 million; backlog including confirmed orders2 of $348 million for SPP ...