---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030015"
form_type: "8-K"
ticker: "NWPX"
cik: "0001001385"
company_name: "NWPX Infrastructure, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:00:12.432922+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Northwest Pipe Q3 net sales $118.7M (-3.5% YoY); EPS $0.58 vs $0.99; authorizes $30M buyback

## Summary
- Net sales $118.7M, down 3.5% YoY; gross profit $19.3M, down 23.2% YoY.
- Net income $5.8M ($0.58 diluted EPS) vs $10.0M ($0.99) in Q3 2022.
- SPP segment sales $80.5M (-3.8%); gross margin 13.6% vs 17.0% YoY.
- Precast segment sales $38.2M (-2.8%); gross margin 21.9% vs 27.8% YoY.
- Board authorized up to $30M share repurchase program; no commitment on timing or quantity.

## SEC filing metadata
- accession: 0001437749-23-030015
- form_type: 8-K
- ticker: NWPX
- cik: 0001001385
- company_name: NWPX Infrastructure, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001385/000143774923030015/0001437749-23-030015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001385/000143774923030015/nwpx20230802_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030015
- JSON: https://secwatch.observer/filing/0001437749-23-030015.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030015.txt

## Key facts
- Earnings Releases
  NWPX Infrastructure, Inc. reported the third quarter ended September 30, 2023 results: revenue $118.7 million, net income $5.8 million, or $0.58 per diluted share, EPS $0.58 per diluted share.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $118.7 million
  - Net income: $5.8 million, or $0.58 per diluted share
  - EPS: $0.58 per diluted share
  - Result: reported results
  source text: 2 ex_553901.htm EXHIBIT 99.1 ex_553901.htm Exhibit 99.1 Northwest Pipe Company Announces Third Quarter 2023 Financial Results and Share Repurchase Authorization • Net sales of $118.7 million decreased 3.5% year-over-year • Gross profit of $19.3 million decreased 23.2% year-over-year • Net income of $0.58 per diluted share • Backlog 1 of $253 million; backlog
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001385/000143774923030015/0001437749-23-030015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.