Korn/Ferry International (KFY) Tops Q4 EPS by 3c, Offers Q1 Guidance
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Korn Ferry International Announces Fourth Quarter and Fiscal 2017 Results of Operations
June 20, 2017 4:05 PM EDTLOS ANGELES, June 20, 2017 /PRNewswire/ --
Highlights
Korn Ferry reports record fee revenue of $406.1 million in Q4 FY'17, driven by organic growth in Futurestep and the North America region of Executive Search. Korn Ferry reports record annual fee revenue of $1,565.5 million, driven by the Legacy Hay acquisition and organic growth in Futurestep. Operating income was $32.8 million in Q4 FY'17 with an operating margin of 8.1%. Adjusted EBITDA was $60.1 million with Adjusted EBITDA margin of $14.8%. Q4 FY'17 diluted earnings per share was $0.47 and Adjusted diluted earnings per share was $0.62.... More