NWPX - Northwest Pipe Company (NWPX) Q4 2023 Earnings Call Transcript
2024-03-05 15:24:14 ET
Northwest Pipe Company (NWPX)
Q4 2023 Earnings Conference Call
March 05 2024 10:00 AM ET
Company Participants
Scott Montross - President and Chief Executive Officer
Aaron Wilkins - Chief Financial Officer
Conference Call Participants
Brent Thielman - D.A. Davidson
Julio Romero - Sidoti & Company
David Wright - Henry Investment Trust
Presentation
Operator
Greetings, and welcome to the Northwest Pipe Company Fourth Quarter and Full Year 2023 Earnings Call. At this time all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Scott Montross, CEO. Thank you, sir. You may begin.
Scott Montross
Good morning, and welcome to Northwest Pipe Company’s fourth quarter and full year 2023 earnings conference call. My name is Scott Montross, and I am President and CEO of the company. And I’m joined today by Aaron Wilkins, our Chief Financial Officer. By now, all of you should have access to our earnings press release, which was issued yesterday March 4, 2024, at approximately 4:00 p.m. Eastern Time. This call is being webcast, and it is available for replay.
As we begin, I would like to remind everyone that statements made on this call regarding our expectations for the future are forward-looking statements, and actual results could differ materially. Please refer to our most recent Form 10-K for the year ended December 31, 2022, and in our other SEC filings for a discussion of such risk factors that could cause actual results to differ materially from our expectations. We undertake no obligation to update any forward-looking statements.
Thank you all for joining us today. I'd like to begin with a review of our 2023 performance and an outlook for 2024 and Aaron will then walk you through our financials in greater detail.
2023 was a year that presented some fairly significant headwinds, including a very small bidding market for a steel pressure pipe business, as well as challenging interest rate environment that suppressed both the residential and non-residential construction markets, negatively impacting demand in our precast business....
Northwest Pipe Company (NWPX) Q4 2023 Earnings Call Transcript