Houston Wire & Cable (HWCC) Reports Q3 EPS of $0.06, Beats on Revenues

Houston Wire & Cable (NASDAQ: HWCC) reported Q3 EPS of $0.06, versus $0.00 reported last year. Revenue for the quarter came in at $81.2 million versus the consensus estimate of $78 million.

Selected quarterly results were:

• Sales of $81.2 million up 24.5% over 2016
• Gross margin of 22.9% up 440 basis points
• Operating income of $2.0 million up $3.9 million over 2016
• Net loss of $1.7 million, adjusted non-GAAP net income of $0.9 million
• Diluted EPS $(0.11), adjusted non-GAAP diluted EPS $0.06

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

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