Korn Ferry Earnings Reports

Korn Ferry reported fee revenue of $668.7 million in Q3 FY25, flat year-over-year but up 2% on a constant currency basis. Net income stood at $58.4 million, with diluted EPS of $1.10 and adjusted diluted EPS of $1.19. Executive Search and RPO segments saw revenue growth, while Consulting declined. Adjusted EBITDA increased 12.5% to $114.5 million, driven by cost management and improved consultant productivity.

Korn Ferry reported Q2 FY25 fee revenue of $674.4 million, a 4% year-over-year decrease but flat sequentially. Diluted EPS was $1.14, and adjusted diluted EPS was $1.21. The company achieved its sixth consecutive quarter of improved profitability, with an operating margin increase to 13.0% and adjusted EBITDA margin of 17.4%.

Korn Ferry reported Q1 FY'25 fee revenue of $674.9 million, a 3% year-over-year decrease. Diluted EPS was $1.17 and adjusted diluted EPS was $1.18. Operating margin increased to 11.3%, and adjusted EBITDA margin reached 16.5%.

Korn Ferry reported Q4 FY'24 fee revenue of $690.8 million, a 5% year-over-year decrease. Net income attributable to Korn Ferry was $65.2 million, with diluted earnings per share at $1.24. Adjusted EBITDA was $112.3 million, representing a 16.3% margin.

Korn Ferry reported Q3 FY24 fee revenue of $668.7 million, a 2% year-over-year decrease. However, earnings and profitability increased, with Adjusted EBITDA reaching $101.7 million and a margin of 15.2%. Consulting and Digital segments showed resilience, with revenue up 3% and 6% respectively.

Korn Ferry reported a 3% year-over-year decrease in fee revenue to $704.0 million for Q2 FY'24. The company experienced a net loss of $1.7 million, which included a $52.8 million charge related to restructuring. Consulting and Digital segments showed revenue resilience, growing by almost 3%.

Korn Ferry's Q1 FY'24 fee revenue was $699.2 million, flat compared to Q1 FY'23. Diluted earnings per share were $0.89 and adjusted diluted earnings per share were $0.99. The company's diversification strategy continues to positively influence the results.

Korn Ferry reported Q4 FY'23 fee revenue of $730.9 million, a 1% increase year-over-year (3% on a constant currency basis). Net income attributable to Korn Ferry was $47.5 million, with diluted earnings per share at $0.91 and adjusted diluted earnings per share at $1.01. The company's diversification strategy and acquisitions in the interim business contributed to revenue, while declines in Executive Search and Permanent Placement impacted overall operating margin.

Korn Ferry announced third quarter fiscal 2023 results with fee revenue of $680.8 million, essentially flat compared to the previous year but up 4% at constant currency. Diluted earnings per share were $0.21, and adjusted diluted earnings per share were $1.01. The company's Adjusted EBITDA was $96 million, representing a 14.1% margin.

Korn Ferry announced Q2 Fiscal Year 2023 results, with fee revenue of $727.8 million, a 14% increase year-over-year (20% at constant currency). Diluted earnings per share were $1.38, and adjusted diluted earnings per share were $1.43. The company completed the acquisition of Infinity Consulting Solutions during the quarter.

Korn Ferry reported a strong first quarter in fiscal year 2023, with fee revenue reaching $695.9 million, a 19% increase year-over-year. Diluted earnings per share were $1.45, and adjusted diluted earnings per share was $1.50. The company's Adjusted EBITDA was $132 million, representing a 19% margin.

Korn Ferry reported a strong fourth quarter with fee revenue reaching $721.1 million, up 30% year-over-year. Diluted earnings per share was $1.70 and adjusted diluted earnings per share was $1.75, both new highs. The Adjusted EBITDA margin was 20%.

Korn Ferry announced record third quarter fiscal 2022 results, with fee revenue reaching $680.7 million, a 43% increase year-over-year. Diluted earnings per share was $1.54, and adjusted diluted earnings per share was $1.59, both new highs. Operating income and Adjusted EBITDA also reached new highs.

Korn Ferry announced record second quarter fiscal 2022 results with fee revenue of $639.4 million, a 47% increase year-over-year. Diluted earnings per share was $1.38 and adjusted diluted earnings per share was $1.53, both all-time highs. Operating income and Adjusted EBITDA were also all-time highs at $103.8 million and $134.9 million, respectively.

Korn Ferry reported record first quarter fee revenue of $585.4 million, a 70% increase year-over-year. The company's profitability was also strong, with diluted earnings per share at $1.37 and Adjusted EBITDA margin at 20.7%.

Korn Ferry announced record fourth quarter fee revenue of $555.2 million, an increase of 26% from Q4 FY’20. Diluted earnings per share and adjusted diluted earnings per share were $1.21. Operating income and Adjusted EBITDA were all-time highs at $86.3 million and $112.8 million, respectively.

Korn Ferry announced third quarter fiscal 2021 results with fee revenue of $475.4 million, a sequential increase of 9% from Q2 FY'21. The company reported record net income of $51.3 million, and diluted earnings per share of $0.94 and adjusted diluted earnings per share of $0.95, both all-time highs.

Korn Ferry reported a strong second quarter with fee revenue of $435.4 million, a 27% increase sequentially. Net income attributable to Korn Ferry was $27.8 million, with an operating margin of 11.1%. Adjusted EBITDA was $66.2 million, with an adjusted EBITDA margin of 15.2%.

Korn Ferry announced first quarter fiscal 2021 results with fee revenue of $344.1 million, a 29% decrease year-over-year. The company reported a net loss attributable to Korn Ferry of $30.8 million, or $0.58 diluted loss per share. Adjusted diluted loss per share was $0.19, excluding restructuring and integration/acquisition costs.

Korn Ferry announced its Q4 and Fiscal Year 2020 results, with Q4 fee revenue at $440.5 million, a 10% decrease year-over-year. The company reported a net loss of $0.8 million for the quarter, with adjusted diluted earnings per share at $0.60.

Korn Ferry announced third quarter fiscal 2020 results, reporting fee revenue of $515.3 million, a 9% increase compared to Q3 FY'19. Net income attributable to Korn Ferry was $20.0 million, and diluted earnings per share was $0.36. Adjusted diluted earnings per share was $0.75.