Houston Wire & Cable Co. (NASDAQ: HWCC), Houston, TX, reported second quarter sales of $78 million, down 24.6 percent year-over-year. The company reported a loss of $0.6 million for the quarter, compared to a profit of $4 million the prior year.
MRO sales decreased 20 percent year-over-year, while project sales decreased 35 percent.
Sales for the first six months were down 21.7 percent year-over-year to $159.6 million. Profit was $1.6 million, compared to $7.8 million for the prior year period.