secwatch.observer — SEC 8-K summary
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Issuer:     NWPX Infrastructure, Inc. (NWPX)
CIK:        0001001385
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001437749-23-030015
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001385/000143774923030015/0001437749-23-030015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001385/000143774923030015/nwpx20230802_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-030015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer