Korn Ferry - KFY STOCK NEWS

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.

Korn Ferry (NYSE: KFY) announces the appointment of Golnaz Yekrangian as senior client partner and head of infrastructure and energy investing for North America, based in Toronto. Yekrangian brings extensive experience from leading roles in a global talent management firm and Scotia Capital, focusing on infrastructure, sustainable energy, and private equity. This move aims to enhance Korn Ferry's capabilities in addressing the evolving challenges in industrial and energy markets, as highlighted by Neil Collins and Michael Franzino of Korn Ferry.

Korn Ferry (NYSE:KFY) will announce its financial results for Q1 FY2022 for the period ended July 31, 2021, on September 8, 2021. The earnings report will precede a live webcast at 12:00 p.m. EDT, featuring CEO Gary Burnison and CFO Robert Rozek. Investors can access the live audio and presentation slides at Korn Ferry's investor relations website.

The company specializes in organizational consulting, assisting clients with optimal structures and effective workforce management.

Korn Ferry (NYSE: KFY) announced the appointment of Lauren Shin as a senior member of its Board & CEO Services and Global Consumer Practice in New York. Shin brings extensive experience from a global search and advisory firm and has previously held senior leadership roles at Liz Claiborne, Ralph Lauren, and NBC Universal. Her expertise includes talent and leadership issues for senior executives, making her a valuable addition to the team. She holds a B.S. in accounting and international business from NYU Stern and an MBA from INSEAD.

Korn Ferry (NYSE: KFY) reported record fourth quarter fee revenue of $555.2 million, up 26% year-over-year, and annual fee revenue of $1,810.0 million. Diluted earnings per share also reached an all-time high at $1.21. The company’s adjusted EBITDA margin was 20.3% for the fourth quarter. Despite a 6% annual revenue decline attributed to COVID-19 impacts, net income improved to $114.5 million. Q1 FY’22 projections indicate fee revenue between $535 million and $555 million, with diluted EPS expected between $1.04 and $1.14.

Korn Ferry (NYSE:KFY) will announce its fourth quarter and full fiscal year 2021 financial results on June 22, 2021. This release will come before market opening, followed by a live webcast at 12:00 p.m. EDT. Key executives including CEO Gary Burnison and CFO Robert Rozek will host the session. Korn Ferry is a global organizational consulting firm that focuses on optimizing structures and enhancing workforce effectiveness.

Korn Ferry (NYSE: KFY) has appointed Scott Mumby as a senior client partner and global account lead in its Technology practice, based in Orange County. Mumby previously held key roles at DXC Technology and Bank of America, accumulating 15 years of expertise in digital transformation and organizational strategy. His experience includes leading system implementations and managing global change projects. Esther Colwill, president of Korn Ferry’s global Technology practice, emphasized Mumby's strong background in bringing purpose and effective leadership to organizations.

Korn Ferry (NYSE: KFY) has announced the appointment of Brad Frank as a senior client partner in its global Technology practice, located in Philadelphia. Frank brings over 20 years of experience and has been instrumental in placing executives across various sectors of technology, including SaaS and e-commerce. Prior to joining Korn Ferry, he was a partner at a global executive search firm and has also held executive roles at Solectron and Trend Technologies. His MBA from Stanford and extensive industry knowledge will enhance Korn Ferry's service offerings to clients.

Korn Ferry (NYSE: KFY) has partnered with the National Association of Investment Companies (NAIC) to enhance diversity in the alternative investment industry. This collaboration aims to drive initiatives that improve the distribution of diverse talent and promote inclusive organizations. Korn Ferry will utilize its extensive resources for talent acquisition and leadership development, while NAIC contributes its network and insights. The partnership's goal is to bolster representation and success for diverse professionals in private equity and hedge funds, aligning with the industry's growing focus on diversity and inclusion.