Korn Ferry International Announces Fourth Quarter and Fiscal 2018 Results of Operations

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UPDATE: Korn Ferry International (KFY) Tops Q4 EPS by 10c, Revenue Beats; Offers 1Q19 EPS/Revenue Outlook Above Consensus

June 13, 2018 8:09 AM EDT

(Updated - June 13, 2018 8:10 AM EDT)

Korn Ferry International (NYSE: KFY) reported Q4 EPS of $0.80, $0.10 better than the analyst estimate of $0.70. Revenue for the quarter came in at $488.4 million versus the consensus estimate of $458.38 million.

Highlights

Korn Ferry reports record annual fee revenue of $1,767.2 million, an increase of almost 13% year-over-year.Korn Ferry reports record fee revenue of $475.4 million in Q4 FY\'18 an increase of 17% as compared to Q4 FY\'17.Operating income was $63.3 million in Q4 FY\'18 with an operating margin of 13.3%. Adjusted EBITDA was... More