secwatch.observer — SEC 8-K summary
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Issuer:     NWPX Infrastructure, Inc. (NWPX)
CIK:        0001001385
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001437749-25-013862
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northwest Pipe Q1 net income down to $0.39 EPS; plans name change to NWPX Infrastructure
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- Net sales $116.1M (+2.6% YoY); net income $4.0M ($0.39/diluted) vs $5.2M ($0.52) in Q1 2024.
- SPP segment revenue $78.4M (-2%); Precast revenue $37.7M (+13.4%) with margin up to 19.1%.
- SPP backlog $203M including confirmed orders $289M; Precast order book $64M (+23% YoY).
- Company will seek shareholder approval in June to rename to NWPX Infrastructure, Inc.
- Repurchased $5.0M of common stock (~122k shares at avg $40.82) in April 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001385/000143774925013862/0001437749-25-013862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001385/000143774925013862/nwpx20250203_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-013862

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