Korn Ferry (KFY) Tops Q1 EPS by 30c

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Korn Ferry Announces Record First Quarter Fiscal 2022 Results of Operations

September 8, 2021 6:45 AM EDT

Highlights

Korn Ferry reports record quarterly fee revenue of $585.4 million in Q1 FY22, an increase of 70% from Q1 FY21 and a sequential increase of 5% from Q4 FY21. Operating income and Adjusted EBITDA were both all-time highs in Q1 FY22 at $101.3 million (operating margin of 17.3%) and $121.3 million (Adjusted EBITDA margin of 20.7%), respectively. Record net income attributable to Korn Ferry and record diluted earnings per share of $74.8 million and $1.37 in Q1 FY22, respectively. Declared a quarterly dividend of $0.12 per share on September 7, 2021, which is payable on October 15, 2021 to stockholders of record on September 23,... More