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Jul 31, 2020
Korn Ferry Q1 2021 Earnings Report
Korn Ferry reported a decrease in fee revenue and a net loss due to the impact of COVID-19.
Key Takeaways
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.
Fee revenue decreased by 29% year-over-year to $344.1 million.
Net loss attributable to Korn Ferry was $30.8 million.
Operating loss was $43.8 million with an operating margin of (12.7%).
Diluted loss per share was $0.58, and adjusted diluted loss per share was $0.19.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Due to the uncertainty caused by COVID-19, Korn Ferry will not issue specific revenue or earnings guidance for the second quarter of fiscal year 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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