VANCOUVER, Wash. (AP) — VANCOUVER, Wash. (AP) — Northwest Pipe Co. (NWPX) on Monday reported fourth-quarter earnings of $5.4 million.

On a per-share basis, the Vancouver, Washington-based company said it had profit of 54 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.

The steel pipe maker posted revenue of $110.2 million in the period.

For the year, the company reported profit of $21.1 million, or $2.09 per share. Revenue was reported as $444.4 million.

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