Welcome to our dedicated page for Korn Ferry news (Ticker: KFY), a resource for investors and traders seeking the latest updates and insights on Korn Ferry stock.
Korn Ferry (KFY) provides organizational consulting and executive search services that shape global workforce strategies. This page serves as the definitive source for official company announcements and market-moving developments.
Access real-time updates on leadership appointments, strategic partnerships, financial results, and operational innovations. Investors gain critical insights into Korn Ferry's consulting expansions, digital solution launches, and talent acquisition trends driving the human capital management sector.
Our curated collection includes earnings disclosures, governance updates, and industry analysis relevant to Korn Ferry's five operational segments. Bookmark this resource to monitor how the company's integrated approach to leadership development and organizational design impacts global enterprises.
Korn Ferry reports record Q2 FY’22 fee revenue of $639.4 million, marking a 47% increase from Q2 FY’21 and a 9% rise from Q1 FY’22. The company achieved record net income of $75.8 million with diluted EPS of $1.38 and adjusted diluted EPS of $1.53. Operating income reached $103.8 million (16.2% margin) while adjusted EBITDA was $134.9 million (21.1% margin). A quarterly dividend of $0.12 per share was declared. Korn Ferry’s growth is attributed to strong new business in consulting and digital services against a backdrop of workforce transformation.
Korn Ferry (NYSE: KFY) has announced the appointment of Jaime Massar as a senior client partner in its global Legal practice, based in Los Angeles. Massar joins from another executive search firm, bringing expertise in placing general counsels and senior legal officers in high-growth sectors. Doug Charles, President of Americas at Korn Ferry, expressed confidence that her skills and relationships will enhance service for clients during transformational periods. Massar holds a BA in history and a Juris Doctor from respected institutions and is a member of the State Bar of California.
Korn Ferry (NYSE:KFY) has announced the launch of a new book titled The Five Graces of Life and Leadership. This book explores essential leadership qualities needed in today's work environment, emphasizing five key attributes: Gratitude, Resilience, Aspiration, Courage, and Empathy. CEO Gary D. Burnison highlights the importance of community and connectivity in leadership, especially in a hybrid work setting. The book aims to provide guidance for leaders navigating rapid changes in business and social landscapes.
Korn Ferry (NYSE:KFY) will release its financial results for the second quarter of fiscal year 2022 on December 8, 2021. The announcement will occur before the market opens, with a live webcast scheduled for 12:00 p.m. EST on the same day, featuring CEO Gary Burnison and CFO Robert Rozek. Investors can access the webcast and accompanying slides via Korn Ferry's investor relations website.
As a global organizational consulting firm, Korn Ferry aids clients in designing effective organizational structures and workforce management.
Korn Ferry (NYSE: KFY) has successfully completed its acquisition of Lucas Group, significantly enhancing its professional search and contracting capabilities. Although the financial terms are undisclosed, the deal is projected to boost Korn Ferry's adjusted earnings immediately. This acquisition is expected to strengthen Korn Ferry's position in the market and improve its search portfolio with Lucas Group's expertise.
Korn Ferry (NYSE: KFY) has announced its plan to acquire Lucas Group, a professional search and contract staffing firm. This strategic acquisition aims to enhance Korn Ferry's search portfolio and leverage Lucas Group's expertise in various sectors like finance, IT, and sales. The transaction is expected to close by November 1 and is anticipated to be immediately accretive to Korn Ferry's adjusted earnings. The combination is seen as a timely move to capitalize on the evolving work landscape and support client needs for specialized talent.
Korn Ferry (NYSE: KFY) has announced the election of Laura Bishop to its board of directors. With nearly 20 years of experience, Bishop previously served as Executive Vice President and Chief Financial Officer at USAA until December 2020. Her leadership at USAA, a Fortune 100 company, and prior roles at Luby’s Inc. and Ernst & Young highlight her expertise in financial management. Bishop will join the audit committee and the compensation and personnel committee, with expectations of enhancing Korn Ferry's strategic direction and financial oversight.
Korn Ferry (NYSE: KFY) has been named one of the '2021 100 Best Companies for Parents' by Seramount, recognizing its inclusive benefits for families during COVID-19. The company offers family-friendly policies, including gender-neutral parental leave and backup childcare. Korn Ferry also expanded mental health and childcare benefits in response to the pandemic. This acknowledgment highlights the firm's commitment to supporting working parents and creating an inclusive workplace culture. The recognition is based on comprehensive evaluations of leave policies, workforce representation, and flexibility.
Korn Ferry (NYSE: KFY) has appointed Simon Mayo as a senior client partner in its Global Technology Officers practice, based in New York. Mayo joins from a global executive search firm, where he specialized in technology leadership roles within the financial services sector, successfully placing various executives in prominent positions.
His extensive experience includes establishing an executive interim business focused on senior technologists in finance. Tarun Inuganti, the practice leader, expressed confidence in Mayo's ability to deliver high-impact solutions to clients.
Korn Ferry reported record quarterly fee revenue of $585.4 million for Q1 FY’22, marking a 70% increase year-over-year. Both operating income and Adjusted EBITDA reached all-time highs at $101.3 million and $121.3 million, respectively. Net income attributable to Korn Ferry was $74.8 million, with diluted earnings per share of $1.37. The company declared a quarterly dividend of $0.12 per share, payable on October 15, 2021. Outlook for Q2 FY’22 estimates fee revenue between $585 million and $615 million.
FAQ
What is the current stock price of Korn Ferry (KFY)?
What is the market cap of Korn Ferry (KFY)?
