CDI Posts 20 Percent Rise

August 1, 2011 – CDI Corp./(NYSE:CDI), a provider of IT-focused recruitment solutions, posted second quarter revenues of $262.7 million, an increase of 20 percent from revenues of $219 million in the prior year quarter. The company reported net earnings of $12 million, or $0.62 per diluted share, versus $2.6 million, or $0.13 per diluted share, in the year-ago second quarter. Management Recruiters International, Inc. (MRI) revenue increased 15.2 percent versus the second quarter 2010 driven by increases in contract staffing and royalty revenue. U.K.-based CDI AndersElite (Anders) revenue declined 14.5 percent compared to the previous year. “CDI continues to perform well in a still fluid economic environment and our second quarter and first half 2011 revenue performance reflects the underlying strength of our core business,” said Paulett Eberhart, CDI's president and CEO. “Although my optimism is still somewhat tempered by continuing softness in government-related sectors, I am pleased that our businesses are starting to generate increased momentum.”