Caldwell Partners (TSE:CWL) has released an update.
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The Caldwell Partners International Inc. has released its financial results for the second quarter of fiscal 2024, showing a decrease in consolidated professional fees and net earnings after tax compared to the previous year. Despite a challenging quarter with a lower gross profit, the company managed to reduce selling, general, and administrative expenses significantly, partly due to a restructuring income from the termination of IQTalent’s Nashville lease. Overall, Caldwell experienced a net loss after tax but improved its operating profit compared to the prior year’s loss.
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