Houston Wire & Cable (HWCC) Misses Q1 EPS by 5c

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Go back to Houston Wire & Cable (HWCC) Misses Q1 EPS by 5c

Houston Wire & Cable Company Reports Results for the Quarter Ended March 31, 2016

May 5, 2016 7:30 AM EDT

HOUSTON, TX -- (Marketwired) -- 05/05/16 -- Houston Wire & Cable Company (NASDAQ: HWCC) (the "Company") announced operating results for the first quarter ended March 31, 2016.

Selected quarterly results were:

Sales of $64.7 million Net loss from operations of $0.2 million Cash flow of $7.6 million Declared a dividend of $0.06 per share on May 3, 2016

First Quarter Summary Jim Pokluda, President and Chief Executive Officer commented, "Market conditions did not improve during the first quarter as demand levels were extremely inconsistent. A very slow start to the... More