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Korn Ferry - KFY STOCK NEWS

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) is a prominent organizational consulting firm based in the United States. Specializing in management recruitment, Korn Ferry assists clients in filling mid- to high-level management roles. The company operates through four major segments: Consulting, Digital, Executive Search, and RPO and Professional Search.

Korn Ferry provides a comprehensive, holistic approach to people management, bridging the gaps often created by inconsistent HR processes, technologies, and metrics. The firm is dedicated to driving sustainable, profitable growth for its clients by emphasizing the importance of human capital in achieving organizational change.

Consulting: Korn Ferry offers expert advice on strategy, financials, and operating models, ensuring that businesses have the tools they need to succeed. This segment focuses on improving organizational effectiveness and aligning workforce performance with business objectives.

Digital: Leveraging cutting-edge technology, Korn Ferry provides digital solutions that optimize human resource functions. This segment is dedicated to enhancing HR processes through innovative tools and platforms.

Executive Search: Known for its rigorous executive search processes, Korn Ferry helps organizations find top-tier talent for critical leadership roles. The firm’s extensive network and deep industry knowledge ensure that clients receive the best possible candidates.

RPO and Professional Search: This segment offers recruitment process outsourcing and professional search services, helping clients efficiently manage their recruitment needs.

Recently, Korn Ferry has made significant strides in integrating its diverse services, providing clients with a seamless, unified experience. The firm continues to expand its global presence, partnering with leading organizations across various industries to deliver impactful solutions.

  • Latest Achievement: Korn Ferry's innovative approach to organizational consulting has been recognized with several industry awards.
  • Current Projects: The company is currently working on implementing new digital solutions to enhance HR efficiency and effectiveness.
  • Financial Condition: Korn Ferry maintains a strong financial position, driven by steady revenue growth and strategic investments.

To stay updated with the latest news and developments from Korn Ferry, investors and stakeholders are encouraged to follow the company’s ongoing projects and achievements.

Rhea-AI Summary
Korn Ferry (NYSE: KFY) reported Q2 FY'24 fee revenue of $704.0 million, a decrease of 3% (5% at constant currency) from Q2 FY'23. The net loss was $1.7 million, including a $52.8 million charge. The company increased its regular quarterly cash dividend by 83% to $0.33 per share. The operating margin was 3.2% in Q2 FY'24.
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Korn Ferry (NYSE: KFY) has been honored with the 'Equality 100 Award' on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index, achieving a perfect score of 100 for its LGBTQ+ workplace equality policies. The company joins 545 U.S. businesses that also received top marks this year. Korn Ferry's CEO, Gary D. Burnison, expressed gratitude for the recognition and emphasized the importance of diversity and inclusion. The company has launched initiatives to develop global employees from all backgrounds and offers programs like RISE and Mosaic to advance an inclusive enterprise mindset and foster a climate that engages all colleagues.
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Korn Ferry (NYSE:KFY) will release financial results for the second quarter of fiscal year 2024 on December 6, 2023. The press release will be issued before the market opens, followed by a live webcast at 12:00 p.m. EST.
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Korn Ferry (NYSE: KFY) to Participate in Wells Fargo’s 7th Annual TMT Summit on November 28th, 2023
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Korn Ferry named one of the '2023 100 Best Companies for Working Parents' by Seramount
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Matt Espe elected to Korn Ferry's board of directors
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Korn Ferry named one of the 'Top 75 Companies for Executive Women' in 2023 by Seramount.
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Korn Ferry reports Q1 FY'24 fee revenue of $699.2 million, essentially flat from Q1 FY'23. Net income attributable to Korn Ferry was $46.6 million. Operating income was $56.8 million (operating margin of 8.1%) and Adjusted EBITDA was $95.7 million (Adjusted EBITDA margin of 13.7%), in Q1 FY'24.
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Korn Ferry to release Q1 FY2024 financial results on September 7, 2023
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Korn Ferry has appointed Jeanne MacDonald as Chief Executive Officer of Recruitment Process Outsourcing (RPO) and Mathias Herzog as the leader of the firm's Digital Solution. MacDonald has extensive experience in RPO and has played a key role in the business's success. Herzog brings expertise in consulting and technology to drive the digitization of Korn Ferry's offerings. The company is confident that these appointments will help their RPO and Digital solutions continue to evolve and thrive.
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FAQ

What is the current stock price of Korn Ferry (KFY)?

The current stock price of Korn Ferry (KFY) is $76.98 as of November 21, 2024.

What is the market cap of Korn Ferry (KFY)?

The market cap of Korn Ferry (KFY) is approximately 4.0B.

What does Korn Ferry specialize in?

Korn Ferry specializes in organizational consulting and management recruitment, helping clients fill mid- to high-level management positions.

What are the main segments of Korn Ferry?

The main segments of Korn Ferry are Consulting, Digital, Executive Search, and RPO and Professional Search.

How does Korn Ferry help businesses achieve growth?

Korn Ferry helps businesses achieve growth by providing a holistic approach to people management, aligning workforce performance with business objectives.

What are some recent achievements of Korn Ferry?

Korn Ferry has been recognized with several industry awards for its innovative approach to organizational consulting.

What digital solutions does Korn Ferry offer?

Korn Ferry offers digital solutions that optimize human resource functions, enhancing HR processes through innovative tools and platforms.

What is Korn Ferry’s approach to executive search?

Korn Ferry’s executive search process is rigorous, leveraging an extensive network and deep industry knowledge to find top-tier talent for critical leadership roles.

How does Korn Ferry support recruitment needs?

Korn Ferry supports recruitment needs through recruitment process outsourcing and professional search services, helping clients efficiently manage their recruitment processes.

What is Korn Ferry's financial condition?

Korn Ferry maintains a strong financial position, driven by steady revenue growth and strategic investments.

Who are Korn Ferry’s clients?

Korn Ferry partners with leading organizations across various industries to deliver impactful organizational consulting and recruitment solutions.

How can I stay updated with Korn Ferry’s latest news?

To stay updated with Korn Ferry’s latest news and developments, follow their ongoing projects and achievements through their official channels.

Korn Ferry

NYSE:KFY

KFY Rankings

KFY Stock Data

3.99B
51.40M
1.38%
97.3%
1.55%
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