U.S. Markets closed

CDI reports 4Q loss

PHILADELPHIA (AP) _ CDI Corp. (CDI) on Wednesday reported a loss of $1.5 million in its fourth quarter.

On a per-share basis, the Philadelphia-based company said it had a loss of 8 cents. Losses, adjusted for non-recurring costs, came to 6 cents per share.

The engineering and technology services company posted revenue of $183.9 million in the period.

For the year, the company reported that its loss narrowed to $31.6 million, or $1.66 per share. Revenue was reported as $864.4 million.

CDI shares have increased slightly more than 5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.80, an increase of 54 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDI at https://www.zacks.com/ap/CDI


Keywords: CDI, Earnings Report