The Caldwell Partners International Issues Fiscal 2014 Third Quarter Financial Results
• Year-over-year third quarter revenue increased 34% to $12,359,000.
• Third quarter operating profit of $633,000.
• Board declares 10th consecutive quarterly dividend – 1.75 cents per share.
Retained executive search firm The Caldwell Partners International Inc. has issued its financial results for the fiscal 2014 third quarter ended May 31, 2014. All references to quarters or years are for the fiscal periods unless otherwise noted and all currency amounts are in Canadian dollars.
“Our team has delivered solid revenue and profitability results this quarter,” said John N. Wallace, Chief Executive Officer. “We have continued to see gains in important metrics such as average fee and searches per partner, and our revenue levels on a per partner basis are at a new high, all of which is a testament to the commitment and ongoing engagement of our partner and support teams.”
Mr Wallace continued: “With our partners operating at historically high productivity levels, continued growth in the business will come from significant investments in high quality partners and support teams in the areas and geographies that are important to our clients. Our growth strategy has always been fuelled by our determination to continually improve our service to our clients and to create sustainable value for our shareholders.”
search-consult is published by Dillistone Systems, supplier of FileFinder Executive Search software. Dillistone Systems is part of Dillistone Group Plc, as are Voyager Recruitment Software and FCP Internet, supplier of the Evolve Recruitment Software SaaS system.