CDI Corp (CDI) Reports Q4 Loss of $0.08

CDI Corp (NYSE: CDI) reported Q4 EPS of ($0.08), versus ($0.87) reported last year. Revenue for the quarter came in at $183.9 million versus the consensus estimate of $190.67 million.

• Fourth quarter revenue of $183.9 million versus $236.6 million in fourth quarter 2015, or $211.5 million in fourth quarter 2015 excluding CDI AndersElite Limited (\"Anders\"), which was sold in September 2016
• Fourth quarter net loss attributable to CDI of $1.5 million, or $(0.08) per diluted share, versus net loss attributable to CDI of $17.1 million in fourth quarter 2015, or $(0.87) per diluted share
• Fourth quarter adjusted EBITDA1 of $0.5 million versus $0.4 million in prior year
• Fourth quarter cash flow from operating activities of $7.0 million
• Full-year 2016 revenue of $864.4 million versus $985.5 million in 2015; Excluding Anders, full-year 2016 revenue was $805.1 million versus $880.5 million in 2015
• Full-year 2016 net loss attributable to CDI of $31.6 million, or $(1.66) per diluted share, versus net loss attributable to CDI of $37.0 million, or $(1.88) per diluted share for 2015
• Full-year adjusted EBITDA1 loss of $2.1 million versus adjusted EBITDA1 of $13.2 million in 2015
• Full-year cash flow from operating activities of $13.5 million.

For earnings history and earnings-related data on CDI Corp (CDI) click here.

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