logo
Share SHARE
FONT-SIZE Plus   Neg

Caldwell Partners Swings To Q2 Loss

Executive search consultancy Caldwell Partners International Inc. (CWL.TO) Thursday said it swung to a second quarter loss of C$241 thousand or C$0.014 per share from a profit of C$141.6 thousand or C$0.008 per share last year, due mainly to lower revenues.

Net revenues for the period declined 5 percent to C$7.2 million from C$8.8 million last year. The decrease reflects a weakness in Canadian search revenues which more than offset 12 percent growth in US search revenues.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Mastercard Inc. said that after April 2018, customers will no longer be required to sign for any purchases they made on the card at retail. The company added that the change, which will apply to both credit and debit cards, will not have any negative impact on safety. Procter & Gamble Company (PG) Friday reported a profit for the first quarter fiscal year 2018 that grew 5 percent from last year, while quarterly net sales increased one percent. Adjusted earnings per share topped analysts' expectations. The company maintained its expectation for fiscal year 2018. Conglomerate General Electric Co. reported Friday weak earnings in its third quarter, despite increased revenues and orders. Adjusted earnings were sharply lower than market estimates, while top line beat their view. In pre-market activity, GE shares were losing around 5 percent.
comments powered by Disqus
Follow RTT