Houston Wire & Cable (HWCC) Misses Q4 EPS by 6c
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Houston Wire & Cable Company Reports Results for the Quarter Ended December 31, 2015
March 10, 2016 7:30 AM ESTHOUSTON, TX -- (Marketwired) -- 03/10/16 -- Houston Wire & Cable Company (NASDAQ: HWCC) (the "Company") announced operating results for the fourth quarter and year ended December 31, 2015.
Selected quarterly results were:
Sales of $70.3 million down 21.5% or 10% metals adjusted, from Q4 2014 Net loss of $(0.2) million Adjusted net income (non-GAAP) of $0.4 million, excluding the impairment charge related to certain tradenames Diluted EPS of $(0.01), adjusted diluted EPS of $0.03 Paid a dividend of $0.06 cents per share on November 27, 2015 Repurchased 324,000 sharesSelected annual results were:
Sales of $308.1 million down 21% or 14%... More