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Korn Ferry reports Q2 adjusted EPS $1.43, consensus $1.41
The Fly

Korn Ferry reports Q2 adjusted EPS $1.43, consensus $1.41

Reports Q2 revenue $727.8M, consensus $696.98M. "During fiscal Q2 we generated $728M in fee revenue, up 14% year-over-year and up 20% at constant currency. Our diluted earnings per share and Adjusted EPS were $1.38 and $1.43, respectively, and our Adjusted EBITDA was $131M, representing an 18% margin," said CEO Gary Burnison. "It’s clear that the global economy has been in transition for several months. We are seeing change on every front – from over a decade of high liquidity and historically low interest rates to changes in Central Bank policies, significant shifts in global trade lanes and persistent inflationary pressures. In response, companies and our clients will undoubtedly have to continue adjusting their organizational and workforce strategies to tomorrow, which is opportunity for Korn Ferry."

Published first on TheFly

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