Korn/Ferry International (KFY) Tops Q1 EPS by 2c
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Korn Ferry International Announces First Quarter Fiscal 2018 Results of Operations
September 6, 2017 4:05 PM EDTLOS ANGELES, Sep. 6, 2017 /PRNewswire/ --Â
Highlights
Korn Ferry reports fee revenue of $401.3 million in Q1 FY'18, a 6.8% increase from Q1 FY'17, driven by organic growth in all lines of business. Operating income was $40.7 million in Q1 FY'18 with an operating margin of 10.2%. Adjusted EBITDA was $59.4 million with Adjusted EBITDA margin of 14.8%. Q1 FY'18 diluted earnings per share was $0.51 and adjusted diluted earnings per share was $0.55. The Company continued to return capital to stockholders during the quarter, paying $5.8 million in dividends and repurchasing $4.0 million worth of its outstanding... More