secwatch.observer — SEC 8-K summary
======================================

Issuer:     NWPX Infrastructure, Inc. (NWPX)
CIK:        0001001385
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001437749-24-014177
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northwest Pipe Q1 net sales record $113.2M, EPS $0.52, SPP backlog $337M
------------------------------------------------------------------------

- Net sales $113.2M (+14.2% YoY); net income $5.2M ($0.52 diluted EPS) vs $2.4M ($0.23).
- SPP segment sales $80M (+25.9%); gross profit $14.2M (+83%); backlog+confirmed orders $337M.
- Precast segment sales $33.2M (-6.6%); gross profit $5.9M (-33%); order book $52M.
- Repurchased 127k shares for $3.7M at avg $29.39 in Q1 2024.
- Management expects strong Precast improvement in Q2 and remainder of 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001385/000143774924014177/0001437749-24-014177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001385/000143774924014177/nwpx20240409c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-014177

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