Houston Wire & Cable (HWCC) Misses Q2 EPS by 17c
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Houston Wire & Cable Company Reports Results for the Quarter Ended June 30, 2016
August 9, 2016 7:30 AM EDTHOUSTON, TX -- (Marketwired) -- 08/09/16 -- Houston Wire & Cable Company (NASDAQ: HWCC) (the "Company") announced operating results for the second quarter ended June 30, 2016.
Selected quarterly results were:
Sales of $62.5 million Net loss from operations of $2.6 million Adjusted net loss (non-GAAP) of $0.7 million, excluding the impairment charge Cash flow from operations of $5.5 million Declared a dividend of $0.03 per share on August 9, 2016Second Quarter Summary Jim Pokluda, President and Chief Executive Officer commented, "The weak levels of industrial demand and the depressed... More
