NWPX Infrastructure Inc Stock Price, News & Analysis

Northwest Pipe Company (NASDAQ: NWPX) announced it will release its financial results for the first quarter ending March 31, 2023 on May 3, 2023, after market close. A conference call hosted by President Scott Montross and CFO Aaron Wilkins will occur on May 4, 2023, at 7:00 a.m. PT to discuss these results. Investors can listen live on the company’s Investor Relations website, with a replay available afterward until May 18, 2023.

Northwest Pipe Company is a major player in the manufacturing of water-related infrastructure products and operates 13 manufacturing facilities across North America.

Northwest Pipe Company (NWPX) has announced its exclusive distributorship of the Fox Environmental Diversion Systems, enhancing its stormwater and wastewater solutions. These systems automatically divert the initial rain or wash water for treatment before entering storm drains. Applicable in various wash areas and engineered projects, such as car washes and military maintenance shops, these products underscore the company's commitment to sustainable water management. CEO Scott Montross emphasizes the strategic importance of this partnership in expanding their innovative technology offerings. The initiative positions NWPX to meet growing environmental needs in water infrastructure.

Northwest Pipe Company (NASDAQ: NWPX) announced its participation in the Sidoti Small-Cap Virtual Conference set for March 23, 2023. President and CEO Scott Montross and CFO Aaron Wilkins will present at 12:15 p.m. ET and engage in virtual investor meetings throughout the day. The presentation will be webcast live on the company's investor relations website, with a replay available for 90 days post-event. Founded in 1966, Northwest Pipe is a leading manufacturer of engineered pipeline systems for water infrastructure, operating 13 facilities across North America.

Northwest Pipe Company (NASDAQ: NWPX) reported annual net sales of $457.7 million for 2022, a 37.3% increase year-over-year. The gross profit reached a record $85.9 million, up 94.0% from the previous year. The net income was $31.1 million, equating to $3.11 per diluted share. Total backlog amounted to $274 million, with confirmed orders reaching $372 million. The Engineered Steel Pressure Pipe segment achieved $307.6 million in revenue, while the Precast Infrastructure segment generated $150.1 million. Challenges include customer delays and weather impacts affecting production.

Northwest Pipe Company (NASDAQ: NWPX) plans to announce its fourth quarter and full year 2022 financial results on March 15, 2023, after market close. A conference call will follow on March 16, 2023, at 7:00 a.m. PT, led by CEO Scott Montross and CFO Aaron Wilkins. The results will cover key financial metrics and performance insights from the previous year. Investors can access the live broadcast and the replay via the company's website. As the largest manufacturer of engineered steel water pipeline systems in North America, Northwest Pipe is strategically positioned to meet rising infrastructure needs.

Northwest Pipe Company (NASDAQ: NWPX) announced the appointment of Irma Lockridge to its Board of Directors, effective February 22, 2023. Ms. Lockridge brings extensive expertise in human resources, organizational design, and diversity initiatives, previously holding senior roles in Fortune 100 companies and currently serving as Chief People Officer at CoorsTek. The Board expects to finalize her committee assignments at the next meeting. President Scott Montross expressed confidence that her background will support the company's growth in water-related infrastructure.