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Korn/Ferry Q4 diluted earnings per share $0.73

Staff Writer |
Korn/Ferry International announced record fourth quarter and annual fee revenue of $475.4 million and $1,767.2 million, respectively.

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In addition, fourth quarter diluted earnings per share and Adjusted diluted earnings per share were $0.73 and $0.80, respectively.

Adjusted diluted earnings per share for the fourth quarter excluded $4.5 million, or $0.07 per share, comprised of the impact of the United States Tax Cut and Jobs Act (Tax Act) and retention awards related to the Hay Group acquisition.

"I am pleased to report fee revenue of $475 million and strong profitability, with diluted earnings per share and Adjusted diluted earnings per share of $0.73 and $0.80 and Adjusted EBITDA of approximately $75 million during our recently completed fourth quarter.

"We achieved the highest fiscal year fee revenue in our firm's history – up 13% year over year," said Gary D. Burnison, CEO of Korn Ferry."


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