Korn/Ferry International (KFY) Misses Q1 EPS by 1c, Offers Q2 Guidance

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Go back to Korn/Ferry International (KFY) Misses Q1 EPS by 1c, Offers Q2 Guidance

Korn Ferry International Announces First Quarter Fiscal 2017 Results of Operations

September 8, 2016 4:05 PM EDT

LOS ANGELES, Sept. 8, 2016 /PRNewswire/ -- Korn/Ferry International (NYSE: KFY), the preeminent global people and organizational advisory firm, today announced first quarter fee revenue of $375.6 million, or $379.2 million on an adjusted basis.  Q1 FY'17 diluted earnings per share and adjusted diluted earnings per share were $0.06 and $0.52, respectively.  Adjusted diluted earnings per share excludes $37.0 million of restructuring charges, net, integration/acquisition costs, a deferred revenue adjustment related to the Hay Group acquisition (which also impacted adjusted fee revenue), and a write-off of debt issuance costs as a result of replacing our... More