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Korn/Ferry International Q4 fee revenue record $271.8 million

Staff writer |
Korn/Ferry International announced record fourth quarter fee revenue of $271.8 million and record annual fee revenue of $1,028.2 million.

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Fourth quarter diluted and adjusted diluted earnings per share were $0.51 compared to $0.43 in the year-ago quarter.

Full year adjusted diluted earnings per share was $1.90, excluding net restructuring and integration/acquisition costs of $10.4 million. Including such costs, diluted earnings per share was $1.76 for the year ended April 30, 2015.

“Korn Ferry closed out the fiscal year with a strong quarter and record fee revenue of $271.8 million – 14.2% growth year over year and 11.4% growth sequentially, at constant currency, with diluted earnings per share of $0.51.

“With all service lines up year over year, our quarterly results propelled our fiscal year fee revenue to a record high of $1.03 billion – a major milestone in our firm’s history,” said Gary D. Burnison, CEO, Korn Ferry.

“The strategic transformation our firm has undertaken – from a mono line to a multi solutions talent advisory – is taking hold. Korn Ferry will continue to build on our leadership position in helping companies deliver superior business outcomes through impactful people strategies.”

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