Pipe and Tube
March 4, 2024
Northwest Pipe earnings decline in Q4, FY2023
Written by Ethan Bernard
Northwest Pipe Co.
| Fourth quarter ended Dec. 31 | 2023 | 2022 | % Change |
|---|---|---|---|
| Net sales | $110.2 | $106.8 | 3.1% |
| Net earnings | $5.4 | $8.0 | -31.6% |
| Per diluted share | $0.54 | $0.79 | -31.6% |
| Twelve months ended Dec. 31 | |||
| Net sales | $444.4 | $457.7 | -2.9% |
| Net earnings | $21.1 | $31.1 | 32.4% |
| Per diluted share | $2.09 | $3.11 | -32.8% |

