on Caldwell Partners International, Inc. (isin : CA12913L2030)
Caldwell Partners International's First Quarter Financial Performance
The Caldwell Partners International Inc., a key player in talent acquisition, reported its first-quarter financial results for fiscal 2025, ending on November 30, 2024. The report revealed an increase in revenues to $21.4 million, primarily driven by a 30% growth in Caldwell's professional fees. CEO Chris Beck highlighted a rebound in new search assignments as a notable factor.
Despite the increase in revenue, net earnings after tax dropped to $465,000 compared to $3.8 million from the previous year. This was partly due to the absence of restructuring income, which had significantly boosted the prior year's figures. Basic earnings per share stood at $0.016.
Caldwell aims to sustain growth by leveraging its dual-brand strategy and technological advancements, while being cautious about economic factors that might impact hiring demand.
Additionally, the Board declared a dividend of 0.25 cents per share, payable to shareholders in March 2025.
R. H.
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