Korn/Ferry Int.

Korn Ferry operates as a global organizational consulting firm, which engages in synchronizing its clients strategy, operations and talent to drive superior business performance. It operates through the following segments: Consulting, Digital, Executive Search North America, Executive Search EMEA, Executive Search Asia Pacific, Executive Search Latin America, and RPO & Professional Search. The Consulting segment aligns organization structure, culture, performance and people to drive sustainable growth by addressing four fundamental needs, which include Organizational Strategy, Assessment and Succession, Leadership and Professional Development, and Total Rewards. The Digital segment leverages an artificial intelligence powered, machine-learning platform to identify the best structures, roles, capabilities and behaviors needed to drive business forward. The Executive Search segment helps organizations recruit board level, chief executive and other senior executive and general management talent. The RPO and Professional Search segment combine people, process expertise and IP-enabled technology to deliver enterprise talent acquisition solutions to clients. The company was founded by Richard M. Ferry on November 14, 1969 and is headquartered in Los Angeles, CA.

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Korn Ferry reports strong Q4 performance, focuses on high-end markets

KFY's Q4 and fiscal year performance showcased growth in fee revenue and a focus on high-end markets. The company is navigating macro uncertainty and exploring opportunities in digital and consulting businesses. The high-end interim service and synergies between placements are driving positive outcomes.

Korn Ferry reports flat Q2 revenue, eyes growth opportunities

Korn Ferry's Q2 2023 Earnings Call highlighted flat fee revenue, a decline in earnings, and a strong cash position. The company is focused on driving productivity, leveraging new technologies, and pursuing opportunities in faster-growing economies.

Korn Ferry reports steady Q3 performance amidst challenges and opportunities

Korn Ferry's Q3 performance showcased resilience with flat fee revenue and a strong adjusted EBITDA margin of 14%.
While challenges exist in the Executive Search segment and adapting to changing business travel trends, opportunities for growth in new business trends and synergies between solutions are evident.
The company's strategic success and ability to navigate the macroeconomic environment position it well for continued performance and potential revenue growth.

Korn Ferry reports strong Q4 results, eyes AI and M&A

Korn Ferry's Q4 showed solid revenue growth and margin performance.
Challenges include moderation in certain business segments and external conditions.
Opportunities lie in AI, strategic investments, and M&A for future growth.

Korn Ferry Q1 2024: Diversification drives stability amidst market challenges

Korn Ferry's Q1 performance reflects resilience in consulting and digital segments amid challenges in perm placement and Executive Search.
Strategic focus on optimizing, innovating, and consolidating positions the company for growth and seizing market opportunities.
Challenges in Executive Search and labor market dynamics require adaptation, while IP monetization and market expansion offer promising avenues for Korn Ferry.

Korn Ferry reports stable Q2 performance, eyes growth opportunities

Korn Ferry's Q2 performance saw stable revenue and margins, with a focus on cost savings and growth areas.
Strong cross-selling efforts and confidence reflected in dividend increase highlight organizational strengths.
Challenges include navigating a softer labor market and ensuring smooth restructuring for margin improvements.
Opportunities lie in the training market, digital business growth, and potential stabilization in China.

Korn/Ferry Int. reports Q3 results, eyes growth in Consulting and Digital

Korn/Ferry Int. navigated Q3 with a slight decline in fee revenue but improved EBITDA margin. The company's focus on Consulting and Digital segments is paying off, with positive growth in bill rates and revenue.
While facing deflationary pressures, Korn Ferry is strategically positioning itself for future growth through cross-firm collaboration, cost rationalization, and investment in data analytics. The company's long-term target EBITDA margin and focus on talent development signal a commitment to sustainable growth.
With a strong financial position, successful collaboration strategies, and a clear focus on growth areas, Korn Ferry is poised for continued success. The company's emphasis on partnerships, ecosystem development, and differentiated insights sets the stage for future expansion and profitability.

Korn/Ferry Reports Strong Q4 Earnings, Optimistic Outlook

Korn/Ferry International concluded FY 2024 with strong financial results and a positive outlook for Q1 FY '25, projecting fee revenue between $655 million and $675 million. The company is strategically positioned to capitalize on market opportunities and address challenges in the talent acquisition industry, maintaining a focus on high-end market positioning and ethical AI use.

Korn/Ferry Int. (KFY) reports robust Q1 results and eyes growth opportunities

KFY's Q1 2025 performance reflects strong results, strategic investments, and positive outlook for Q2.
Despite challenges in consolidated fee revenue, the company shows strengths in key segments and opportunities for growth.
Executives' focus on addressing challenges, leveraging strengths, and capitalizing on opportunities to drive continued success.

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Korn Ferry is a global organizational consulting firm, which engages in synchronizing its clients' strategy, operations, and talent to drive superior business performance. It operates through the following segments: Consulting, Digital, Executive Search North America, Executive Search EMEA, Executive Search Asia Pacific, Executive Search Latin America, and RPO and Professional Search. The Consulting segment aligns organization structure, culture, performance, and people to drive sustainable growth by addressing four fundamental needs, which include Organizational Strategy, Assessment and Succession, Leadership and Professional Development, and Total Rewards. The Digital segment leverages an artificial intelligence powered, machine-learning platform to identify the best structures, roles, capabilities, and behaviors needed to drive business forward. The Executive Search segment helps organizations recruit board level, chief executive, and other senior executive and general management talent. The RPO and Professional Search segment combines people, process expertise and IP-enabled technology to deliver enterprise talent acquisition solutions to clients. The company was founded by Richard M. Ferry on November 14, 1969 and is headquartered in Los Angeles, CA.

Korn Ferry KFY, -0.52% reported Wednesday fiscal third-quarter profit beat expectations and revenue that surprisingly increased, as strength in its recruitment process outsourcing (RPO) revenue offset weakness in executive and professional search. The staffing services company's stock was still inactive in premarket trading.

Headhunter Korn Ferry beats profit expectations as revenue surprisingly increases, and gives upbeat outlook

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE: KFY), a global organizational consulting firm, today announced third quarter fee revenue of $680.8 million. In addition, third quarter diluted earnings per share was $0.21 and adjusted diluted earnings per share was $1.01. Adjusted diluted earnings per share for the third quarter excludes $41.8 million, net of tax or $0.

Korn Ferry Announces Third Quarter Fiscal 2023 Results of Operations

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE: KFY) today announced the company's participation in the Bank of America Securities 2023 Information and Business Services Conference on Thursday, March 16th, 2023. Korn Ferry EVP, Chief Financial and Chief Corporate Officer Robert Rozek will participate in a fireside chat beginning at 1:00 p.m. EST. The event will be broadcast live and accessible to the general public here.

Korn Ferry to Participate in the Bank of America Securities 2023 Information and Business Services Conference

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE:KFY) today announced that the firm will release financial results for the third quarter of fiscal year 2023 (ended January 31, 2023) on Wednesday, March 8, 2023. A press release will be issued before the market opens on Wednesday, March 8, 2023, followed by a live webcast at 12:00 p.m. EST. What: Korn Ferry to Report Q3 FY2023 Earnings   Investor Live Webcast     When: 12:00 p.m.

Korn Ferry to Report Quarterly Earnings via Live Webcast on March 8, 2023

Korn Ferry showed phenomenal growth in four revenue segments in FY2022. What will happen to the company's growth if we see a recession in the next 12 months?

Korn Ferry: DCF Approach Close To An Entry, But Volatility Demands Patience

Korn Ferry has done really well as of late, though there are signs of weakening ahead, with management even taking bold steps now to mitigate any future pain. This makes valuing the enterprise a challenge, and investors would be wise to assume that profits and cash flows will eventually weaken.

Korn Ferry: A Little More Upside Is On The Table

LOS ANGELES--( BUSINESS WIRE )--Korn Ferry (NYSE: KFY) today announced that it has partnered with Fortune for the 26th year on the World's Most Admired Companies (WMAC) list.

Korn Ferry Partners with Fortune for the 26th Year on World's Most Admired Companies List

LOS ANGELES--( BUSINESS WIRE )--Korn Ferry (NYSE: KFY) today announced that it has completed its previously disclosed acquisition of Salo, LLC.

Korn Ferry Completes Acquisition of Salo

LOS ANGELES--( BUSINESS WIRE )--Korn Ferry (NYSE: KFY) today announced that it has previously entered into a definitive agreement to acquire Salo, LLC. The transaction, which is subject to customary closing conditions, is expected to close on February 1, 2023.

Korn Ferry Enters Definitive Agreement to Acquire Salo

Korn Ferry KFY, -0.09% disclosed Thursday that it will cut jobs and eliminate underutilized office space as part of a cost reduction plan. The staffing services company said the job cuts will affect less than 5% of its workforce, which was 10,779 as of April 30, 2022, according to its latest annual report.

Korn Ferry to cut jobs, eliminate some office space as part of cost reduction plan

Korn Ferry (NYSE:KFY ) Q2 2023 Earnings Conference Call December 8, 2022 12:00 PM ET Company Participants Gary Burnison - Chief Executive Officer Bob Rozek - Chief Financial Officer Gregg Kvochak - Senior Vice President of Investor Relations Conference Call Participants Mark Marcon - Baird George Tong - Goldman Sachs Tim Mulrooney - William Blair Marc Riddick - Sidoti Tobey Summers - Truist Securities Operator Ladies and gentlemen, thank you for standing by and welcome to the Korn Ferry Second Quarter Fiscal Year 2023 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes.

Korn Ferry (KFY) Q2 2023 Earnings Call Transcript

Korn/Ferry (KFY) delivered earnings and revenue surprises of 0% and 4.38%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Korn/Ferry (KFY) Q2 Earnings Meet Estimates

LOS ANGELES--( BUSINESS WIRE )--Korn Ferry (NYSE: KFY), a global organizational consulting firm, today announced second quarter fee revenue of $727.8 million. In addition, second quarter diluted earnings per share was $1.38 and adjusted diluted earnings per share was $1.43.

Korn Ferry Announces Second Quarter Fiscal 2023 Results of Operations

Rising interest rates, high inflation, and recession concerns have hurt KFY's stock price as investors fear a weak job market is coming. KFY has an experienced management team that has weathered challenging macroeconomic environments before.

Korn Ferry: An Uncertain Macroeconomic Environment Has Created A Buying Opportunity

LOS ANGELES--( BUSINESS WIRE )--Korn Ferry (NYSE:KFY) today announced that the firm will release financial results for the second quarter of fiscal year 2023 (ended October 31, 2022) on Thursday, December 8, 2022.

Korn Ferry to Report Quarterly Earnings via Live Webcast on December 8, 2022

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LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE: KFY) today announced the launch of a new book, Take Control: The Career You Want, Where You Want, a guide to getting the job and getting ahead. “Today, we are all career nomads – working everywhere and anywhere, and talented professionals have never been more at a premium,” said Gary D. Burnison, CEO of Korn Ferry and the New York Times best-selling author of this new book. “Amid this time of great transition, opportunity abounds. It's all about k

Korn Ferry Launches New Career Book, Take Control: The Career You Want, Where You Want

Korn Ferry has seen its shares tumble in recent months, even though fundamental strength continues to impress. Investors are right to fear the market's uncertainty, but even a weakening in fundamentals may still leave upside.

Korn Ferry: Even More Attractive Now

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE: KFY) today announced the election of a new member to its Board of Directors, in addition to the appointment of a new Non-Executive Chair. Charles Harrington joins as a Board Director. Christina Gold, who has served on the firm's Board since 2014, and most recently as the Non-Executive Chair since 2019, retires from the Board. Current Board member Jerry Leamon succeeds Ms. Gold as Non-Executive Chair as part of a planned succession. George Shaheen

Charles Harrington Joins Korn Ferry's Board of Directors; Jerry Leamon Succeeds Christina Gold as Non-Executive Chair

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry has released Women CEOs Speak Today, a new study highlighting the career journeys of women CEOs and what has led to their successes and their ability to transform the role of CEO. The study updates 2017 research done by Korn Ferry and The Rockefeller Foundation, and reveals that while progress has been made, much more needs to be accomplished. Over the course of several months, Korn Ferry interviewed 21 women CEOs – the majority of whom have been appoint

Korn Ferry Study Reveals Attributes, Priorities and Career Paths of Women CEOs

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE:KFY) has been recognized as the No. 1 Recruitment Process Outsourcing (RPO) provider in HRO Today Magazine's 2022 Baker's Dozen list. Korn Ferry has been named a top provider on the list 14 times. The annual rankings are developed from a survey of RPO buyers and industry experts. Evaluating both the quality and breadth of services that providers offer, the rankings also take into consideration the size of deals on which providers deliver. In additi

Korn Ferry Named No. 1 Global Recruitment Process Outsource Provider in HRO Today's RPO Baker's Dozen List

Korn/Ferry (KFY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Korn/Ferry (KFY) Upgraded to Buy: Here's What You Should Know

Korn Ferry (NYSE:KFY ) Q1 2023 Earnings Conference Call September 7, 2022 12:00 PM ET Company Participants Gary Burnison – Chief Executive Officer Gregg Kvochak – Senior Vice President-Investor Relations Bob Rozek – Chief Financial Officer Conference Call Participants George Tong – Goldman Sachs Tim Mulrooney – William Blair Mark Marcon – Baird Marc Riddick – Sidoti Tobey Sommer – Truist Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the Korn Ferry First Quarter Fiscal Year 2023 Conference Call. [Operator instructions] As a reminder, this call is being recorded for replay purposes.

Korn Ferry (KFY) Q1 2023 Earnings Call Transcript

Korn/Ferry (KFY) delivered earnings and revenue surprises of -1.96% and 0.65%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

Korn/Ferry (KFY) Q1 Earnings and Revenues Miss Estimates

Korn Ferry KFY, +0.57% reported Wednesday fiscal first-quarter profit that came up shy of expectations, as revenue rose above forecasts but operating margin contracted. The staffing services company also provided a somewhat downbeat earnings outlook, as business environment uncertainty driven global inflation, rising interest rates and increasing geopolitical tensions tempers continued strength in new business trends.

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