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Northwest Pipe Company Reports Profitable Quarterly Results and Announces Second Quarter Conference Call

Aug 05, 2019 - GlobeNewswire
Financial Results

Quarterly Highlights

Net income per diluted share was $0.31, compared to a loss per diluted share of $0.59 in the second quarter of 2018Net sales were $69.2 million, the highest quarterly net sales since the third quarter of 2014, and represented an increase of 140.4% from the second quarter of 2018Gross profit as a percentage of net sales was 11.9%, compared to a loss of 4.3% in the second quarter of 2018Incremental production costs of $3.2 million were incurred in the second quarter of...