Houston Wire: 2Q Earnings Snapshot
HOUSTON (AP) _ Houston Wire & Cable Co. (HWCC) on Thursday reported second-quarter net income of $2.6 million, after reporting a loss in the same period a year earlier.
The Houston-based company said it had net income of 16 cents per share.
The specialty wire and cable distributor posted revenue of $93.9 million in the period.
Houston Wire shares have increased roughly 10 percent since the beginning of the year. The stock has risen 35 percent in the last 12 months.