Korn Ferry (KFY) Tops Q4 EPS by 13c, Beats on Revenue; Offers Q1 Guidance

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Korn Ferry Announces Fourth Quarter and Full Year FY'24 Results of Operations

June 13, 2024 6:45 AM EDT

Fourth Quarter and Full Year Highlights

Korn Ferry reports Q4 FY'24 fee revenue of $690.8 million, a year-over-year decrease of 5% in both actual and constant currency and full year FY'24 fee revenue of $2,762.7 million, a year-over-year decrease of 3% in both actual and constant currency. Our full year FY'24 Marquee and Regional Account fee revenue generated slightly more than 37% of our consolidated fee revenue and grew 3% year-over-year at actual, and 2% at constant currency. Net income attributable to Korn Ferry for the fourth quarter and full year of FY'24 was $65.2 million and $169.2 million, respectively, while... More