Korn Ferry (KFY) Tops Q2 EPS by 49c

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Korn Ferry Announces Second Quarter Fiscal 2021 Results of Operations

November 23, 2020 6:45 AM EST

LOS ANGELES, Nov. 23, 2020 /PRNewswire/ --

FY'21 Second Quarter Performance

Korn Ferry reports fee revenue of $435.4 million in Q2 FY'21, a decrease of 12% (decrease of 12% on a constant currency basis) from Q2 FY'20.  On a quarter sequential basis, Q2 FY'21 fee revenue increased 27% from Q1 FY'21. Net income attributable to Korn Ferry was $27.8 million in Q2 FY'21. Operating income was $48.2 million in Q2 FY'21 with an operating margin of 11.1%.  Adjusted EBITDA was $66.2 million with an Adjusted EBITDA margin of 15.2%. Q2 FY'21 diluted earnings per share and adjusted diluted earnings per... More