Northwest Pipe Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 118.72 million compared to USD 122.98 million a year ago. Net income was USD 5.82 million compared to USD 9.96 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to USD 1 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to USD 0.99 a year ago.
For the nine months, revenue was USD 334.19 million compared to USD 350.84 million a year ago. Net income was USD 15.63 million compared to USD 23.19 million a year ago. Basic earnings per share from continuing operations was USD 1.57 compared to USD 2.34 a year ago. Diluted earnings per share from continuing operations was USD 1.55 compared to USD 2.32 a year ago.