Northwest Pipe Expects Growth in SPP Bidding for 2023

Wednesday, 27 March 2024, 21:33

Northwest Pipe projects a rise in bidding activities for the SPP segment in the upcoming year, as 2023 revenue and net income per diluted share declined due to subdued demand and a smaller bidding year. The company's focus on the SPP segment highlights its outlook for improved performance and potential market opportunities.
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Northwest Pipe Expects Growth in SPP Bidding for 2023

Northwest Pipe: Larger SPP Bidding Year Expected

Northwest Pipe's 2023 revenue and net income per diluted share fell, attributed to weaker demand and a smaller bidding year for the SPP segment. The company's projection for increased bidding activity suggests a more optimistic outlook for future performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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