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.
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.
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