Korn Ferry (KFY) Tops Q3 EPS by 10c

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Go back to Korn Ferry (KFY) Tops Q3 EPS by 10c

Korn Ferry Announces Third Quarter Fiscal 2023 Results of Operations

March 8, 2023 6:45 AM EST

Highlights

Korn Ferry reports fee revenue of $680.8 million in Q3 FY23, essentially flat (increase of 4% at constant currency) from Q3 FY22. Net income and adjusted net income attributable to Korn Ferry were $11.2 million and $53.0 million in Q3 FY23, while diluted and adjusted diluted earnings per share were $0.21 and $1.01 in Q3 FY23, respectively. Operating income and Adjusted EBITDA were $12.5 million (operating margin of 1.8%) and $96.1 million (Adjusted EBITDA margin of 14.1%), respectively, in Q3 FY23. The Company repurchased 462,500 shares of stock during the quarter for... More