Korn Ferry reports news on its global consulting business, including executive search, professional search and interim staffing, recruitment process outsourcing, consulting and digital talent solutions. Company updates commonly cover quarterly fee revenue, earnings, segment performance, signed-contract activity and non-GAAP operating measures tied to its talent and organizational consulting model.
Recurring announcements also include product and platform launches such as Korn Ferry Talent Suite, recognition in executive recruiting and professional search rankings, dividend actions, board and committee changes, and other governance developments. The company frames its services around synchronizing strategy, operations and talent for organizations across major industries.
Korn Ferry (NYSE:KFY) has scheduled its third quarter fiscal year 2025 earnings release and webcast for March 11, 2025. The company will issue a press release containing financial results for the quarter ended January 31, 2025, before market opening. This will be followed by a live webcast at 12:00 pm EDT, which will include an audio presentation and accompanying slides accessible through the investor relations section of Korn Ferry's website.
Fortune and Korn Ferry have released their 2025 World's Most Admired Companies (WMAC) list, with Apple maintaining its top position for the 18th consecutive year. The 27th annual ranking features 229 U.S.-based companies, 59 European firms, and 26 from the Asia/Pacific region, spanning over 50 industries.
The top five companies are Apple, Microsoft, Amazon, Nvidia, and Berkshire Hathaway. Four new entrants joined the top 50: Caterpillar (#40), ServiceNow (#42), Taiwan Semiconductor (#45), and Novo Nordisk (#46). Computer software, general merchandisers, megabanks, and pharmaceuticals led with four companies each.
The ranking was based on surveys of over 3,300 executives across 650 companies, evaluating nine attributes including global business effectiveness, talent management, investment value, innovation, asset management, and environmental responsibility. Companies were selected for their financial stability, strong management, and global reach.
Korn Ferry (KFY) reported Q2 FY'25 results with fee revenue of $674.4 million, down 4% year-over-year but flat sequentially. Operating income reached $87.5 million with a 13.0% margin, marking the sixth consecutive quarter of improved profitability. Net income was $60.8 million with diluted EPS of $1.14 and adjusted diluted EPS of $1.21.
The company's Adjusted EBITDA was $117.0 million with a 17.4% margin, representing a 340bps increase from the previous year. During the quarter, Korn Ferry repurchased 456,250 shares for $32.6 million and declared a quarterly dividend of $0.37 per share. The company also completed the acquisition of Trilogy, expanding its interim professional offerings in EMEA.
Korn Ferry (NYSE:KFY) has announced it will release its second quarter fiscal year 2025 financial results on Thursday, December 5, 2024. The company will issue a press release before market opening, followed by a live webcast at 12:00 pm EST. The earnings presentation will include an audio webcast and accompanying slides, accessible through the investor relations section of Korn Ferry's website.
Korn Ferry (NYSE: KFY) has completed its acquisition of Trilogy International, a UK-based digital interim talent provider. Trilogy, headquartered in London, specializes in digital interim professional services across EMEA and the United States. The acquisition will enhance Korn Ferry's Professional Search & Interim business capabilities, particularly in digital transformation solutions. The deal is expected to be immediately accretive to Korn Ferry's adjusted earnings, though specific terms were not disclosed.
Korn Ferry (NYSE: KFY) has announced the expansion of its Interim Talent operation into France, with Laurent David joining to lead this solution from the firm's Paris office. David brings over 20 years of experience in media, telecommunications, sport, and entertainment sectors, with extensive interim credentials as a senior leader across multiple organizations.
Michael Distefano, CEO of Global Professional Search and Interim at Korn Ferry, highlighted the growing trend of organizations pursuing a blended approach to talent acquisition. He emphasized Korn Ferry's commitment to meeting evolving client needs by providing both permanent executives and world-class professionals for shorter-term or project-based roles.
Laurent David holds a computer science degree from CentraleSupélec in France and previously led digital & technology and sales & marketing practices at a European interim talent management firm.
Korn Ferry (NYSE: KFY) has announced the election of Russ Hagey to its board of directors. Hagey, a long-tenured leader at Bain & Company, brings extensive talent management and consulting experience to Korn Ferry's board. He most recently served as Bain's Senior Partner and Chief Leadership Officer, and previously as its Worldwide Chief Talent Officer.
Hagey's career at Bain & Company spans over four decades, during which he consulted with diverse clients across multiple industries. His expertise includes corporate strategy, growth initiatives, new product development, acquisitions, and sales force operations. Hagey also has public and private company board experience.
Korn Ferry's CEO, Gary D. Burnison, and Non-Executive Chair, Jerry Leamon, both expressed enthusiasm about Hagey joining the board, highlighting his extensive experience and deep understanding of organizational issues impacting global companies.
Korn Ferry (NYSE: KFY) has been named the No. 1 Recruitment Process Outsourcing (RPO) provider in HRO Today's Baker's Dozen Customer Satisfaction Rating. The global organizational consulting firm topped the list based on factors including breadth of service, deal sizes, and quality of service. Korn Ferry also received top honors for size of deals and quality of service, and was recognized as a leading provider in healthcare RPO.
The company's success is attributed to its innovative recruitment offerings, including the AI-powered Korn Ferry Nimble Recruit technology, which helps deliver quality candidates for various roles. This marks the 16th consecutive year Korn Ferry's RPO business has been recognized as a leader in the Baker's Dozen list, highlighting their continued efforts to enhance the recruitment experience for all parties involved.
Korn Ferry (NYSE: KFY) has been named one of the 'Top 80 Companies for Executive Women' in 2024 by Seramount for the fifth consecutive year. This recognition highlights Korn Ferry's commitment to fostering an inclusive environment where female professionals can thrive. The list, based on 2023 data, evaluates companies on various criteria, including women's representation at all levels, programs promoting women's advancement, and training for managers to support women's career growth.
Linda Hyman, Korn Ferry's Executive VP of Global HR, expressed pride in the company's culture and programs. To be considered for the list, companies must have at least two women on their boards of directors and a minimum of 500 US employees. Korn Ferry, a global organizational consulting firm, works with clients on optimal organization structures, hiring, workforce motivation, and professional development.
Korn Ferry (NYSE: KFY) reported Q1 FY'25 results with fee revenue of $674.9 million, down 3% year-over-year. Net income was $62.6 million, with diluted earnings per share of $1.17. Key highlights include:
- Executive Search fee revenue grew 2% year-over-year
- Consulting and Digital fee revenue remained flat
- Operating income increased to $76.1 million, with margin up 320bps to 11.3%
- Adjusted EBITDA rose to $111.2 million, with margin up 280bps to 16.5%
- Company repurchased 351,250 shares for $23.5 million
- Declared quarterly dividend of $0.37 per share
CEO Gary Burnison noted the company's balanced approach and diversified strategy, with topline 30% higher than pre-pandemic levels and improved profitability.