Northwest Pipe(NWPX) - 2024 Q3 - Quarterly Results
Exhibit 99.1 Northwest Pipe Company Announces Third Quarter 2024 Financial Results • Net sales of $130.2 million increased 9.7% year-over-year • Record net sales of $44.3 million for the Precast Infrastructure and Engineered Systems segment ("Precast") • Record gross profit of $27.0 million increased 40.0% year-over-year; gross profit margin of 20.8% • Net income of $1.02 per diluted share • Generated strong net cash provided by operating activities of $22.7 million • Backlog1 of $231 million for the Engine ...