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CDI Corp. Reports Fourth Quarter and Full-Year 2013 Results

CDI Corp. News Release (02/26/14)

CDI Corp. reported revenue of $277.1 million in the fourth quarter of 2013, up 2.4% from $270.5 million in the fourth quarter of 2012, and $1.088 billion for all of 2013, down 1.5% from $1.105 billion in 2012. Net income totaled $2.4 million in the fourth quarter, down 52% from $5 million in the year-ago quarter, and $12.9 million for the year, down 32.5% from $19.1 million in 2012. Revenue for the company’s professional services staffing segment totaled $180.7 million in the fourth quarter, up 3.3% from $174.9 million, and $708.6 million for all of 2013, down 0.24% from $710.3 million.