PR Newswire (08/05/15)
CDI Corp. reported revenue of $246.8 million in the second quarter of 2015, down 13.2% from $284.3 million in the second quarter of 2014. The company reported a net loss of $0.2 million, compared with net income of $4.4 million in the year-ago quarter.
By segment, second-quarter revenue totaled $84.4 million for global engineering and technology solutions, up 0.12% from $84.3 million a year ago; $149.4 million for professional staffing services, down 19.1% from $184.7 million; $13 million for Management Recruiters International, down 15% from $15.3 million.
“The CDI leadership team remains focused on driving disciplined execution of our transformation and a turnaround of our operational performance,” said Scott J. Freidheim, chief executive officer and president. “We have a comprehensive program to drive performance improvement encompassing a large number of workstreams and initiatives.”