Korn Ferry (KFY) Tops Q1 EPS by 11c
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Korn Ferry Announces First Quarter Fiscal 2023 Results of Operations
September 7, 2022 6:45 AM EDTHighlights
Korn Ferry reports fee revenue of $695.9 million in Q1 FY23, an increase of 19% (24% on a constant currency) from Q1 FY22. Net income attributable to Korn Ferry was $77.2 million in Q1 FY23, while diluted and adjusted diluted earnings per share were $1.45 and $1.50 in Q1 FY23, respectively. Operating income and Adjusted EBITDA were $111.6 million (operating margin of 16.0%) and $132.2 million (Adjusted EBITDA margin of 19.0%), respectively, in Q1 FY23. The Company repurchased 370,000 shares of stock during the quarter for $22.4 million. On August 1st, 2022, Korn Ferry completed the acquisition of Infinity Consulting Solutions, which will be... More