Houston Wire & Cable (HWCC) Misses Q3 EPS by 6c

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Go back to Houston Wire & Cable (HWCC) Misses Q3 EPS by 6c

Houston Wire & Cable Company Reports Results for the Third Quarter of 2016

November 8, 2016 7:30 AM EST

HOUSTON, TX -- (Marketwired) -- 11/08/16 -- Houston Wire & Cable Company (NASDAQ: HWCC) (the "Company") announced operating results for the third quarter ended September 30, 2016.

Selected quarterly results were:

Sales of $65.2 million Net loss from operations of $1.4 million Cash flow from operations of $2.9 million Repurchased 92,000 shares Purchased Vertex Distribution on October 3, 2016

Third Quarter Summary Jim Pokluda, President and Chief Executive Officer commented, "Industrial market conditions including the oil and gas industry did not improve during the third quarter as demand levels remained inconsistent. Sales... More