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Houston Wire: 1Q Earnings Snapshot

HOUSTON (AP) _ Houston Wire & Cable Co. (HWCC) on Thursday reported first-quarter net income of $1.9 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Houston-based company said it had profit of 12 cents.

The specialty wire and cable distributor posted revenue of $85 million in the period.

Houston Wire shares have increased 4 percent since the beginning of the year. The stock has climbed 16 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HWCC at https://www.zacks.com/ap/HWCC