{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-012333","form_type":"8-K","ticker":"NWPX","cik":"0001001385","company_name":"NWPX Infrastructure, Inc.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.520825+00:00","generated_at":"2026-06-15T23:54:34.954105+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Northwest Pipe Q1 net sales down 9.4% to $99.1M; EPS $0.23 vs $0.36 YoY","bullets":["Net sales $99.1M (-9.4% YoY); gross profit $16.6M (+12.1%); net income $2.4M ($0.23 diluted EPS) vs $3.6M ($0.36) Q1 2022.","SPP segment net sales $63.5M (-14.9%); gross margin 12.2% vs 9.6% due to $2.0M liability reserve reversal in prior year.","Backlog including confirmed orders $370M (near record), up from $341M a year ago; Precast order book $58M (-12% YoY).","Operating cash flow $26.3M (up from $1.6M); $61M revolver availability; capex $4.4M.","Precast segment net sales +2.7% to $35.6M; gross margin 24.7% vs 21.9% on better pricing."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-012333","json":"https://secwatch.observer/filing/0001437749-23-012333.json","markdown":"https://secwatch.observer/filing/0001437749-23-012333.md","text":"https://secwatch.observer/filing/0001437749-23-012333.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001385/000143774923012333/0001437749-23-012333-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001385/000143774923012333/nwpx20230405_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:54:34.954105+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d1a9aaa55c234714c5bda398a7374280f37ad195","claim":"NWPX Infrastructure, Inc. reported first quarter ended March 31, 2023 results: revenue $99.1 million, net income $2.4 million, or $0.23 per diluted share, EPS $0.23 per diluted share.","evidence_excerpt":"EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ex_497510.htm EXHIBIT 99.1 ex_497510.htm Exhibit 99.1 Northwest Pipe Company Announces First Quarter 2023 Financial Results • Net sales of $99.1 million decreased 9.4% year-over-year; Precast Infrastructure and Engineered Systems segment (“Precast”) net sales increased 2.7% year-over-year • Gross profit of $16.6 million increased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001385/000143774923012333/0001437749-23-012333-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$99.1 million"},{"label":"Net income","value":"$2.4 million, or $0.23 per diluted share"},{"label":"EPS","value":"$0.23 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}