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 (KFY) reported flat Q3 FY'25 fee revenue of $668.7 million (2% increase on constant currency). The company achieved net income of $58.4 million with an 8.7% margin, showing a slight 10bps decrease year-over-year. Adjusted EBITDA rose to $114.5 million with a 17.1% margin, up 190bps from the previous year.
Key performance highlights include: RPO fee revenue increased 4% year-over-year, with new business of $210 million (64% from new clients). Diluted and adjusted EPS were $1.10 and $1.19 respectively. The company repurchased 237,000 shares for $17.9 million during the quarter.
Looking ahead, Q4 FY'25 guidance projects fee revenue between $680-700 million, with diluted EPS expected at $1.20-1.28 and adjusted diluted EPS at $1.22-1.30.
Korn Ferry (NYSE:KFY) has announced a significant 30% increase in its quarterly cash dividend to $0.48 per share, marking the fifth consecutive year of dividend growth. The dividend will be paid on April 15, 2025 to shareholders of record as of March 27, 2025.
The new dividend rate translates to an indicated annual dividend of $1.92 per share. CEO Gary D. Burnison stated that this increase reflects the company's continued confidence in their business operations.
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.
