Monday, January 17, 2022
Jan. 17, 2022

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Northwest Pipe reports Q4 earnings of $12 million


Northwest Pipe Co. (NWPX) reported fourth-quarter earnings of $12 million Monday. On a per-share basis, the Vancouver-based company said it had profit of $1.22. Earnings, adjusted for one-time gains and costs, were $1.23 per share.

The steel-pipe maker posted revenue of $72.2 million in the period.

For the year, the company reported profit of $27.9 million, or $2.85 per share. Revenue was reported as $279.3 million.

Northwest Pipe Co. shares have dropped roughly 1 percent since the beginning of the year.