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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

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