Key Developments: CDI Corp (CDI.N)
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Latest Key Developments (Source: Significant Developments)
CDI Corp Issues Q3 2013 Revenue Guidance In Line Analysts' Estimates
CDI Corp announced that it expects revenue for the third quarter of 2013 in the range of $263million-$273 million, compared to $279.4 million third quarter of 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $273 million for the second quarter of 2013. Full Article
CDI Corp Declares Third Quarter 2013 Dividend
CDI Corp announced that its Board of Directors has authorized a third quarter 2013 dividend of $0.13 per share. The dividend is payable on August 27, 2013, to holders of record as of the close of business on August 13, 2013. Full Article
CDI Corp Issues Q2 2013 Revenue Guidance Below Analysts' Estimates
CDI Corp announced that for second quarter of 2013, it anticipates a revenue in the range of $260 million to $270 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $275 million for the second quarter of 2013. Full Article
CDI Corp Declares Second Quarter 2013 Dividend
CDI Corp announced that Board of Directors has authorized a second quarter 2013 dividend of $0.13 per share. The dividend is payable on May 28, 2013, to holders of record as of the close of business on May 14, 2013. Full Article
CDI Corp To Continue To Provide Watercraft and Marine Engineering Services for Naval Surface Warfare Center
CDI Corp announced that it has been awarded a new SEAPORT task order by the U.S. Navy to continue to provide watercraft engineering and marine services for the Naval Surface Warfare Center, Carderock Division, Detachment Norfolk - Combatant Craft Division (CCD). The new task order, including all options, has a maximum value of $36 million over a two-year period. CDI will be the principal engineering and installation/alteration contractor for the CCD, providing program management and planning, design and prototype engineering and construction, design development engineering, acquisition engineering, logistics, in-service engineering and lifecycle management. CDI has provided the same services to the Navy over the past nine years. The Combatant Craft Division is a full-spectrum, full-life-cycle technical support center for all types of combatant craft, boats, watercraft and associated systems. It supports the U.S. Navy, U.S. Special Operations Command, U.S. Army, U.S. Marine Corps, U.S. Coast Guard and other government agencies. Full Article
CDI Corp Issues Q1 2013 Revenue Guidance Below Analysts' Estimates
CDI Corp announced that for first quarter of 2013, it anticipates a revenue increase in the range of $265 million to $275 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $281.44 million for the first quarter of 2013. Full Article
CDI Corp Accelerates Payment of Quarterly Dividend
CDI Corp announced that Board of Directors has approved an acceleration of the first quarter 2013 dividend typically paid in March. The $0.13 per share dividend is payable on December 26, 2012 to holders of record as of the close of business on December 14, 2012. Full Article
CDI Corp Issues Q4 2012 Revenue Guidance Below Analysts' Estimates
CDI Corp announced that for fourth quarter of 2012, it anticipates a revenue increase in the range of 0% to 2% compared to the year-ago fourth quarter. The Company reported revenue of $267.95 million in the fourth quarter of 2011. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $276.96 for the fourth quarter of 2012. Full Article
CDI Corp Declares Fourth Quarter 2012 Dividend
CDI Corp announced that its Board of Directors has authorized a fourth quarter 2012 dividend of $0.13 per share. The dividend is payable on November 20, 2012, to holders of record as of the close of business on November 6, 2012. Full Article
CDI Corp. Issues Q3 2012 Revenue Below Analysts' Estimates
CDI Corp. announced that for the third quarter of 2012, it anticipates a revenue increase in the range of 2% to 4% compared to the year-ago third quarter. The Company reported revenue of $272.47 million in the third quarter of 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of revenue of $289.36 million for the third quarter of 2012. Full Article

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