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 announced that it will release its financial results for the first quarter of fiscal year 2025 (ended July 31, 2024) on Thursday, September 5, 2024. The company will issue a press release before the market opens, followed by a live webcast at 12:00 pm EDT on the same day. Investors and interested parties can access the live audio webcast and accompanying slides through the company's investor relations website at https://ir.kornferry.com/events-and-presentations. This announcement provides an opportunity for stakeholders to gain insights into Korn Ferry's financial performance and future outlook.
Korn Ferry (NYSE: KFY) has announced its participation in the Goldman Sachs 2024 Communacopia + Technology Conference on Tuesday, September 10, 2024. The company will be represented by Robert Rozek, EVP, Chief Financial Officer and Chief Corporate Officer, and Mathias Herzog, Head of Korn Ferry's Digital business and President of the firm's Global Technology Practice.
Their presentation is scheduled to begin at 6:05 p.m. EST. The event will be broadcast live and accessible to the general public through a provided link. Additionally, interested parties can access the event through Korn Ferry's Investor Relations website. An audio replay will be made available after the event on the same website.
Korn Ferry (NYSE: KFY) has been recognized as the highest designated Leader and Star Performer in Asia Pacific in Everest Group's Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment 2024. The report highlights Korn Ferry's excellence in executing single-country and global deals in the region, as well as its expertise in hiring across various industries and employment levels.
Korn Ferry was also named a Leader in North America and EMEA. The assessment praised the company's deep consulting and value-added services, advanced analytics, and market intelligence capabilities through its proprietary Nimble Recruit technology platform (KFNR). Jeanne MacDonald, CEO of RPO at Korn Ferry, emphasized the company's 360-degree approach to identifying and managing talent issues in a volatile global market.
The PEAK Matrix® Assessment analyzed over 50 RPO service providers, considering factors such as market adoption, portfolio mix, value delivered, and innovation. Korn Ferry's recognition underscores its ability to address current client needs and anticipate future talent requirements.
Korn Ferry (NYSE: KFY) has been recognized as one of the '2024 100 Best Companies for Working Parents' by Seramount, marking its sixth consecutive year on the list. The company earned this distinction for its comprehensive range of inclusive family benefits offered to U.S. employees, including:
- Paid gender-neutral parental leave
- Subsidized childcare
- Flexible work arrangements for returning employees
- Fertility benefits
- Mental health support
This recognition underscores Korn Ferry's commitment to fostering an inclusive workplace and positioning itself as a premier career destination. Seramount's President, Subha V. Barry, highlighted the evolving standards of inclusive workplaces, noting that previously progressive benefits are now becoming the norm.
Korn Ferry (NYSE: KFY) has launched a new book titled Love, Hope & Leadership: A Special Edition. This book, authored by Korn Ferry CEO Gary D. Burnison, is a collection of insights, reflections, and guidance on leadership in today's dynamic environment. Burnison, a New York Times bestselling author, emphasizes attributes such as selflessness, potential, empathy, connection, inclusion, authenticity, and love as important for effective leadership. Korn Ferry, renowned for conducting over 100 million assessments and developing 1 million people annually, aims to inspire and enable belief in leadership practices through this publication.
Korn Ferry (NYSE: KFY) announced its Q4 and full-year FY'24 results. Q4 fee revenue was $690.8 million, a 5% YoY decrease, while full-year fee revenue stood at $2,762.7 million, a decline of 3% YoY. Net income for Q4 was $65.2 million, and $169.2 million for the full year. Adjusted diluted EPS was $1.26 for Q4 and $4.28 for the year. The operating margin for Q4 was 12.1%, while the full-year margin was 7.7%. Adjusted EBITDA for Q4 was $112.3 million, and $408.2 million for the year, with margins of 16.3% and 14.8%, respectively. Consulting and Digital sectors posted record-high revenues, with Consulting generating $695 million and Digital $366.7 million. The company also repurchased 930,000 shares, totaling $52.5 million for the year. Despite economic challenges, Korn Ferry increased its dividend to $0.37 per share, payable on July 31, 2024.
Korn Ferry (NYSE: KFY) will release its financial results for the fourth quarter of fiscal year 2024 on June 13, 2024. The earnings report will be published before the market opens, followed by a live webcast at 11:00 am EDT. Investors can access the live audio webcast and accompanying slides at the company's investor relations website.
Korn Ferry (NYSE: KFY) has been named a Leader in Everest Group’s Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment 2024 for the seventh consecutive year. The recognition is based on Korn Ferry’s global delivery capabilities, technology investments, and expertise in handling various job roles. Their Korn Ferry Nimble Recruit Platform (KFNR) has been highlighted for providing predictive insights and enhancing workforce planning and talent development. Jeanne MacDonald, President of Global RPO Solutions at Korn Ferry, expressed delight over the recognition, emphasizing the firm's continued investment in technology and consulting services.
Korn Ferry (NYSE: KFY) announced its participation in the Baird 2024 Global Consumer, Technology and Services Conference on June 5th, 2024. The company's Executive Vice President, Chief Financial, and Chief Corporate Officer Robert Rozek will deliver a presentation at 2:00 p.m. EDT. The event will be broadcast live and accessible to the public via a provided link, as well as through Korn Ferry's Investor Relations website. An audio replay will be available post-event.
Korn Ferry (NYSE: KFY) has been ranked as America's best executive recruiting firm by Forbes Magazine, a top accolade received for seven out of the last eight years. The company was also recognized as a top professional search firm. With over 9,300 respondents surveyed, Korn Ferry's consistent recognition showcases its dedication to providing innovative talent solutions to clients.