CDI Corporation

CDI Corp. Reports Second Quarter 2017 Results

— On July 31, 2017, announced definitive agreement to be acquired by affiliates of AE Industrial Partners, LLC —

PHILADELPHIA, Aug. 8, 2017 /PRNewswire/ — CDI Corp. (NYSE: CDI, the “Company”) today reported results for the second
quarter ended June 30, 2017.

Second Quarter 2017 Overview

  • Second quarter revenue of $169.5 million versus $226.7 million in second quarter 2016, or $206.2 million in second
    quarter 2016 excluding CDI AndersElite Limited (“Anders”), which was sold in September 2016
  • Second quarter net loss of $7.9 million, or $(0.42) per diluted share, versus net loss of $7.5 million in second quarter
    2016, or $(0.39) per diluted share
  • Second quarter adjusted EBITDA1 loss of $1.4 million versus a loss of $2.7 million in second quarter 2016
  • Second quarter cash flow from operating activities of $11.5 million, and total liquidity of $114.5 million as of June 30,
    2017

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