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 reported a record quarterly fee revenue of $680.7 million for Q3 FY’22, up 43% year-over-year and 6% sequentially. Net income reached $84.1 million with diluted earnings per share at $1.54, both new highs. Operating income was $126.3 million, translating to an operating margin of 18.6%. The company repurchased 304,500 shares for $22.1 million and declared a $0.12 per share dividend, payable April 14, 2022. The acquisition of Lucas Group enhanced the RPO and Professional Search segments, contributing to positive financial performance.
Korn Ferry (NYSE: KFY) will release its financial results for Q3 FY2022, ending January 31, 2022, on March 9, 2022. A press release will precede the market opening, followed by a live webcast at 12:00 p.m. EST, hosted by CEO Gary Burnison and CFO Robert Rozek. This presentation will detail the firm’s performance and strategic direction, appealing to investors looking for insights into Korn Ferry's business operations.
Korn Ferry (NYSE: KFY) has appointed Sherry Duda as a senior client partner in its Consulting business, focusing on organization strategy. Duda, based in Chicago, will lead the mergers and acquisitions practice in North America. She brings 20 years of global consulting experience, having previously led the North American organization acceleration practice at a global advisory firm. Her background includes executive roles in Fortune 100 companies and experience in the BP-Amoco merger. Laura Manson-Smith, Global Leader of Organization Strategy Consulting, expresses confidence in Duda’s capability to enhance the company's growth strategy.
Korn Ferry (NYSE: KFY) announced the addition of Lars Rønn as a senior client partner in the Life Sciences practice, based in Copenhagen. Rønn joins from a global executive search firm, where he focused on the Healthcare sector, particularly in the pharmaceutical and biotechnology fields. His extensive experience includes commercial roles in publicly listed medical device and diagnostic firms. With a Bachelor of Science from the Copenhagen Business School, Rønn is expected to enhance Korn Ferry's talent strategy capabilities.
Korn Ferry (NYSE: KFY) has appointed John Stefanek as a senior client partner in its Global Technology Markets and Technology Officers Practice, located in Chicago. Previously at a global executive search firm, Stefanek has extensive experience in technology and healthcare sectors, focusing on leadership recruitment. His expertise aims to enhance client relationships and foster long-term growth. Tarun Inuganti, Managing Partner, praised Stefanek's skills in navigating talent and leadership challenges, positioning him as a valuable asset for the firm.
Korn Ferry (NYSE: KFY) has launched the Korn Ferry Intelligence Cloud, an AI-enabled talent analytics platform aimed at enhancing talent acquisition and management. This platform integrates labor market data with clients' HRIS data to tackle workforce shortages. It provides real-time insights for strategic talent decisions and helps design future workforce blueprints. The initiative emphasizes optimizing talent management to maintain a competitive edge and accelerate talent mobility.
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.
