Korn/Ferry International (KFY) Reports In-Line Q3 EPS, Offers Q4 Guidance

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Korn Ferry Announces Third Quarter Fiscal 2019 Results of Operations

March 7, 2019 4:05 PM EST

LOS ANGELES, March 7, 2019 /PRNewswire/ --

Highlights

Korn Ferry reports fee revenue of $474.5 million in Q3 FY'19, an increase of 6% (10% on a constant currency basis) from Q3 FY'18, driven by organic growth in all segments. Operating income was $62.7 million in Q3 FY'19 with an operating margin of 13.2%.  Adjusted EBITDA was $77.7 million with Adjusted EBITDA margin of 16.4%. Q3 FY'19 diluted earnings per share was $0.80 compared to diluted earnings per share of $0.48 in Q3 FY'18.  Adjusted diluted earnings per share was $0.81 in Q3 FY'19 compared to Adjusted diluted earnings per share... More