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| x | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|-----------------------------------------------------------------------------------------|

|  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|------------------------------------------------------------------------------------------|

|   | For the transition period from | to |   |
|--------|--------------------------------|----|--------|

| Delaware                                                                  | 36-4151663                           |
|---------------------------------------------------------------------------|--------------------------------------|
| (State or other jurisdiction of  incorporation or organization) | (I.R.S. Employer Identification No.) |
|                                                                      |                                 |
|                                                                      |                                 |
| 10201 North Loop EastHouston, Texas                                       | 77029                                |
| (Address of principal executive offices)                                  | (Zip Code)                           |

| Large Accelerated Filer     ̈ | Accelerated Filer    x | Non-Accelerated Filer     ̈ | Smaller Reporting Company     ̈ |
|-------------------------------------------------------|--------------------------------------------|-----------------------------------------------------|---------------------------------------------------------|

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INDEX

| Consolidated Balance Sheets                | 2 |
|--------------------------------------------|---|
| Consolidated Statements of Income          | 3 |
| Consolidated Statements of Cash Flows      | 4 |
| Notes to Consolidated Financial Statements | 5 |

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Index

HOUSTON WIRE & CABLE COMPANY

|                                                                                                                                                                                            |   | March 31, |    |   | December 31, |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------|---------|--------|-------------------|--------|
|                                                                                                                                                                                            |   | 2009           |    |   | 2008              |   |
|                                                                                                                                                                                            |   | (unaudited)    |    |   |              |   |
| Assets                                                                                                                                                                                          |   |           |    |   |              |   |
| Current assets:                                                                                                                                                                                 |   |           |    |   |              |   |
| Accounts receivable, net                                                                                                                                                                        |   | $              | 41,838  |   |              | $      | 50,798 |   |
| Inventories, net                                                                                                                                                                                |   |           | 67,505  |   |              |   | 73,459 |   |
| Deferred income taxes                                                                                                                                                                           |   |           | 1,559   |   |              |   | 1,384 |   |
| Prepaid expenses                                                                                                                                                                                |   |           | 1,011   |   |              |   | 829 |   |
| Total current assets                                                                                                                                                                            |   |           | 111,913 |   |              |   | 126,470 |   |
|                                                                                                                                                                                            |   |           |    |   |              |   |   |   |
| Property and equipment, net                                                                                                                                                                     |   |           | 3,179   |   |              |   | 3,274 |   |
| Goodwill                                                                                                                                                                                        |   |           | 2,996   |   |              |   | 2,996 |   |
| Deferred income taxes                                                                                                                                                                           |   |           | 2,092   |   |              |   | 1,926 |   |
| Other assets                                                                                                                                                                                    |   |           | 63      |   |              |   | 87 |   |
| Total assets                                                                                                                                                                                    |   | $              | 120,243 |   |              | $      | 134,753 |   |
|                                                                                                                                                                                            |   |           |    |   |              |   |   |   |
| Liabilities and stockholders' equity                                                                                                                                                            |   |           |    |   |              |   |   |   |
| Current liabilities:                                                                                                                                                                            |   |           |    |   |              |   |   |   |
| Book overdraft                                                                                                                                                                                  |   | $              | 887     |   |              | $      | 4,933 |   |
| Trade accounts payable                                                                                                                                                                          |   |           | 7,167   |   |              |   | 10,091 |   |
| Accrued and other current liabilities                                                                                                                                                           |   |           | 10,171  |   |              |   | 11,682 |   |
| Income taxes payable                                                                                                                                                                            |   |           | 1,688   |   |              |   | 1,644 |   |
| Total current liabilities                                                                                                                                                                       |   |           | 19,913  |   |              |   | 28,350 |   |
|                                                                                                                                                                                            |   |           |    |   |              |   |   |   |
| Long term obligations                                                                                                                                                                           |   |           | 22,567  |   |              |   | 29,808 |   |
|                                                                                                                                                                                            |   |           |    |   |              |   |   |   |
| Stockholders' equity:                                                                                                                                                                           |   |           |    |   |              |   |   |   |
| Common stock, $0.001 par value; 100,000,000 shares authorized: 20,988,952 shares issued: 17,644,802 outstanding at March 31, 2009 and 17,642,552 outstanding at December 31, 2008, respectively |   |           | 21      |   |              |   | 21 |   |
| Additional paid-in-capital                                                                                                                                                                      |   |           | 56,468  |   |              |   | 55,901 |   |
| Retained earnings                                                                                                                                                                               |   |           | 76,104  |   |              |   | 75,540 |   |
| Treasury stock                                                                                                                                                                                  |   |           | (54,830 | )      |              |   | (54,867 | ) |
| Total stockholders' equity                                                                                                                                                                      |   |           | 77,763  |   |              |   | 76,595 |   |
| Total liabilities and stockholders' equity                                                                                                                                                      |   | $              | 120,243 |   |              | $      | 134,753 |   |

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Index

HOUSTON WIRE & CABLE COMPANY

|                                        |   | Three Months EndedMarch 31, |       |
|---------------------------------------------|--------|----------------------------------|------------|
|                                        |   | 2009                             |       |   | 2008 |   |
|                                        |   |                             |       |   |   |   |
| Sales                                       |   | $                                | 65,832     |   |   | $ | 89,441 |   |
| Cost of sales                               |   |                             | 52,019     |   |   |   | 66,774 |   |
| Gross profit                                |   |                             | 13,813     |   |   |   | 22,667 |   |
|                                        |   |                             |       |   |   |   |   |   |
| Operating Expenses:                         |   |                             |       |   |   |   |   |   |
| Salaries and commissions                    |   |                             | 5,538      |   |   |   | 6,076 |   |
| Other operating expenses                    |   |                             | 4,620      |   |   |   | 4,984 |   |
| Depreciation and amortization               |   |                             | 142        |   |   |   | 127 |   |
| Total operating expenses                    |   |                             | 10,300     |   |   |   | 11,187 |   |
|                                        |   |                             |       |   |   |   |   |   |
| Operating income                            |   |                             | 3,513      |   |   |   | 11,480 |   |
| Interest expense                            |   |                             | 155        |   |   |   | 541 |   |
| Income before income taxes                  |   |                             | 3,358      |   |   |   | 10,939 |   |
| Income taxes                                |   |                             | 1,294      |   |   |   | 4,202 |   |
| Net income                                  |   | $                                | 2,064      |   |   | $ | 6,737 |   |
|                                        |   |                             |       |   |   |   |   |   |
| Earnings per share:                         |   |                             |       |   |   |   |   |   |
| Basic                                       |   | $                                | 0.12       |   |   | $ | 0.37 |   |
| Diluted                                     |   | $                                | 0.12       |   |   | $ | 0.37 |   |
| Weighted average common shares outstanding: |   |                             |       |   |   |   |   |   |
| Basic                                       |   |                             | 17,642,856 |   |   |   | 18,081,809 |   |
| Diluted                                     |   |                             | 17,649,340 |   |   |   | 18,121,280 |   |
|                                        |   |                             |       |   |   |   |   |   |
| Dividends declared per share                |   | $                                | 0.085      |   |   | $ | 0.085 |   |

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Index

HOUSTON WIRE& CABLE COMPANY

|                                                                              |   | Three Months         |    |
|-----------------------------------------------------------------------------------|--------|----------------------|---------|
|                                                                              |   | Ended March 31, |    |
|                                                                              |   | 2009                 |    |   | 2008 |   |
|                                                                              |   |                 |    |   |   |   |
| Operating activities                                                              |   |                 |    |   |   |   |
| Net income                                                                        |   | $                    | 2,064   |   |   | $ | 6,737 |   |
| Adjustments to reconcile net income to net cash provided by operating activities: |   |                 |    |   |   |   |   |   |
| Depreciation and amortization                                                     |   |                 | 142     |   |   |   | 127 |   |
| Amortization of capitalized loan costs                                            |   |                 | 20      |   |   |   | 20 |   |
| Amortization of unearned stock compensation                                       |   |                 | 599     |   |   |   | 519 |   |
| Provision for returns and allowances                                              |   |                 | (45     | ) |   |   | (11 | ) |
| Provision for inventory obsolescence                                              |   |                 | 147     |   |   |   | (6 | ) |
| Deferred income taxes                                                             |   |                 | (341    | ) |   |   | (447 | ) |
| Changes in operating assets and liabilities:                                      |   |                 |    |   |   |   |   |   |
| Accounts receivable                                                               |   |                 | 9,005   |   |   |   | 2,382 |   |
| Inventories                                                                       |   |                 | 5,807   |   |   |   | (249 | ) |
| Prepaid expenses                                                                  |   |                 | (182    | ) |   |   | (193 | ) |
| Other assets                                                                      |   |                 | 4       |   |   |   | (18 | ) |
| Book overdraft                                                                    |   |                 | (4,046  | ) |   |   | (1,965 | ) |
| Trade accounts payable                                                            |   |                 | (2,924  | ) |   |   | 1,379 |   |
| Accrued and other current liabilities                                             |   |                 | (1,511  | ) |   |   | (5,086 | ) |
| Income taxes payable                                                              |   |                 | 44      |   |   |   | 4,533 |   |
| Net cash provided by operating activities                                         |   |                 | 8,783   |   |   |   | 7,722 |   |
|                                                                              |   |                 |    |   |   |   |   |   |
| Investing activities                                                              |   |                 |    |   |   |   |   |   |
| Expenditures for property and equipment                                           |   |                 | (48)    |   |   |   | (116 | ) |
| Net cash used in investing activities                                             |   |                 | (48)    |   |   |   | (116 | ) |
|                                                                              |   |                 |    |   |   |   |   |   |
| Financing activities                                                              |   |                 |    |   |   |   |   |   |
| Borrowings on revolver                                                            |   |                 | 67,124  |   |   |   | 91,157 |   |
| Payments on revolver                                                              |   |                 | (74,365 | ) |   |   | (86,387 | ) |
| Proceeds from exercise of stock options                                           |   |                 | 6       |   |   |   | 18 |   |
| Payment of dividends                                                              |   |                 | (1,500  | ) |   |   | (1,527 | ) |
| Excess tax benefit for options                                                    |   |                 | — |   |   |   | 41 |   |
| Purchase of treasury stock                                                        |   |                 | — |   |   |   | (10,908 | ) |
| Net cash used in financing activities                                             |   |                 | (8,735  | ) |   |   | (7,606 | ) |
|                                                                              |   |                 |    |   |   |   |   |   |
| Net change in cash                                                                |   |                 | — |   |   |   | — |   |
| Cash at beginning of period                                                       |   |                 | — |   |   |   | — |   |
|                                                                              |   |                 |    |   |   |   |   |   |
| Cash at end of period                                                             |   | $                    | — |   |   | $ | — |   |

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Index

HOUSTON WIRE & CABLE COMPANY

|                                                          | Three Months EndedMarch 31, |   |
|---------------------------------------------------------------|----------------------------------|--------|
| Denominator:                                                  | 2009                             |   |   | 2008 |   |
| Weighted average common shares for basic earning per share    | 17,642,856                       |   |   | 18,081,809 |   |
| Effect of dilutive securities                                 | 6,484                            |   |   | 39,471 |   |
| Weighted average common shares for diluted earnings per share | 17,649,340                       |   |   | 18,121,280 |   |

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Index

|                    | 2008      |
|-------------------------|-----------|
| Expected volatility     | 68%       |
| Expected life in years  | 5.5 years |
| Risk-free interest rate | 3.82%     |
| Dividend yield          | 2.50%     |

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Index

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Index

| Date:  May 18, 2009 | HOUSTON WIRE & CABLE COMPANY         |
|-------------------------------|------------------------------------------|
|                          |                                     |
|                          | BY: /s/ Nicol G. Graham                  |
|                          | Nicol G. Graham, Chief Financial Officer |

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