Korn Ferry (KFY) Tops Q2 EPS by 16c, Q3 Guidance Beats
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Korn Ferry Announces Record Second Quarter Fiscal 2022 Results of Operations
December 8, 2021 6:45 AM ESTHighlights
Korn Ferry reports record quarterly fee revenue of $639.4 million in Q2 FY22, an increase of 47% from Q2 FY21 and a sequential increase of 9% from Q1 FY22. Record net income attributable to Korn Ferry of $75.8 million and record diluted and adjusted diluted earnings per share of $1.38 and $1.53 in Q2 FY22, respectively. Operating income and Adjusted EBITDA were both all-time highs in Q2 FY22 at $103.8 million (operating margin of 16.2%) and $134.9 million (Adjusted EBITDA margin of 21.1%), respectively. Declared a quarterly dividend of $0.12 per share on December 7, 2021, which is payable on January 14, 2022, to stockholders of record on... More