Houston Wire & Cable (HWCC) Misses Q1 EPS by 4c, Beats on Revenues

Houston Wire & Cable (NASDAQ: HWCC) reported Q1 EPS of ($0.03), $0.04 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $78.7 million versus the consensus estimate of $70.79 million.

Selected quarterly results were:

• Sales of $78.7 million up 21.6% from the first quarter of 2016
• Sequential sales increased 13.7%
• Organic sales, excluding Vertex, increased 9.6% from the first quarter of 2016
• Net loss from operations of $(0.5) million
• Diluted EPS of $(0.03)

For earnings history and earnings-related data on Houston Wire & Cable (HWCC) click here.

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