Caldwell Partners Records 30 Percent Q2 Revenue Increase

April 10, 2015 – Caldwell Partners has posted second quarter revenues of $11.8 million, an increase of 30 percent from revenues of $9.1 million during the same period a year ago. U.S. revenues rose 19 percent to $7.8 million, driven by an increase in the average number of search partners and search volumes during the current year, partially offset by lower average fees. Revenues from Canadian operations increased 45 percent to $3.7 million. Second quarter net earnings were $282,000, or $0.13 per share, compared to $43,000, or $0.02 per share, in the comparable period a year earlier. “Our partner and support team continued the strong momentum from previous quarters, delivering a sizeable increase in revenue and a positive contribution to operating profit,” said John N. Wallace, chief executive officer. “We continue to focus on making targeted, strategic additions of high caliber partners in key sectors and practices to enhance our value proposition to our clients, as well as our overall market presence and industry competitiveness.” Caldwell Partners, founded in 1970, provides human capital services to its clients through offices and partners in Vancouver, San Francisco, Los Angeles, Dallas, Calgary, Chicago, Atlanta, Toronto, Stamford, New York City, and London.

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