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
TerraForm Global, Inc., an operator of clean energy power plants, said Monday that it has signed an exclusivity agreement with Brookfield Asset Management Inc. to negotiate a potential business combination between them. Shares of TerraForm Global are gaining more than 6 percent in pre-market activity following the announcement. Fast food giant McDonald's Corp. (MCD) on Monday reported a 1 percent decline in profit for the fourth quarter from last year on lower revenues due to the impact of refranchising. However, both revenue and earnings per share beat analysts' expectations. The Oak Brook, Illinois-based hamburger chain... U.S. authorities are investigating Yahoo Inc. for not disclosing the two massive data breaches sooner to investors, the Wall Street Journal reported, citing people familiar with the matter. It is expected that such a move could help clarify the timeline for companies to reveal such hacks.
comments powered by Disqus
Follow RTT