Comparing the current results to its competitors, Houston Wire And Cable Co reported Revenue decrease in the 1 quarter 2021 year on year by -19.76 %, despite the revenue increase by the most of its competitors of 8.73 %, recorded in the same quarter.
Houston Wire And Cable Co's Comment on Competition and Industry Peers
The wire and cable market is highly competitive and fragmented, with several hundred
wire and cable competitors serving this market. The product offerings and levels
of service from the other wire and cable providers with whom we compete vary widely.
We compete with many wire and cable providers on a national, regional and local
basis. Most of our direct competitors are smaller companies that focus on a specific
geographical area or feature a select product offering, such as surplus wire.
In addition to the direct competition with other wire and cable providers, we
also face, on a varying basis, competition with distributors and manufacturers
that sell products directly or through multiple distribution channels to end-users
or other resellers. In the markets that we serve, competition is primarily based
on product line breadth, quality, product availability, service capabilities and
price.
Publicly Traded Peers of Houston Wire and Cable Co
Xilinx Inc Share Performance
-1.50%
This Quarter
Xilinx Inc
Profile
Xilinx Inc operates as a leading semiconductor company specializing in the design and manufacture of programmable logic devices, including FPGAs (Field-Programmable Gate Arrays), SoCs (System-on-Chips), and ACAPs (Adaptive Compute Acceleration Platforms). Their business model emphasizes offering highly adaptable and customizable hardware solutions that cater to diverse applications across industries such as aerospace, automotive, telecommunications, and data centers. By promoting an ecosystem of development tools and software, Xilinx enables developers to optimize performance and accelerate time-to-market for innovative products and technologies.
Parkervision Inc is a technology company that specializes in the development and licensing of wireless technology products and solutions. Their business model revolves around creating and selling innovative wireless technologies to manufacturers, as well as licensing their intellectual property to generate revenue. By focusing on research and development, Parkervision aims to generate continuous growth and profitability within the wireless technology industry.
Plexus Corp operates as an electronic manufacturing services (EMS) company. Their business model revolves around providing design, manufacturing, and aftermarket services for various industries including healthcare, aerospace, defense, and technology. They collaborate with their customers to develop and deliver innovative solutions, helping them bring their products to market efficiently and effectively.
Preformed Line Products Company operates through a business model that involves designing, manufacturing, and distributing products and systems for the energy, communications, and solar markets globally. Their focus lies in delivering innovative solutions while ensuring customer satisfaction and building long-term relationships within the industries they serve.
On Semiconductor Corporation's business model revolves around the design and manufacturing of semiconductor components and solutions, selling them to original equipment manufacturers (OEMs) in various industries including automotive, industrial, and consumer electronics, thus enabling their customers to integrate advanced capabilities into their products.
Sources:
Houston Wire and Cable Co’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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