Houston Wire & Cable (HWCC) Misses Q1 EPS by 2c

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Go back to Houston Wire & Cable (HWCC) Misses Q1 EPS by 2c

Houston Wire & Cable Company Reports Results for the Quarter Ended March 31, 2015

May 7, 2015 7:30 AM EDT

HOUSTON, TX -- (Marketwired) -- 05/07/15 -- Houston Wire & Cable Company (NASDAQ: HWCC) (the "Company") announced operating results for the first quarter ended March 31, 2015.

Selected quarterly highlights were:

Sales of $81.6 million Net income of $2.2 million Diluted EPS of $0.13 Cash flow of $10.3 million Declared a dividend of $0.12 cents per share on May 5, 2015

First Quarter Summary Jim Pokluda, President and Chief Executive Officer commented, "The sharp decline in oil prices in the latter part of 2014, which depressed industrial demand, and the... More