Korn Ferry Q1 FY22: record fee revenue $585M, EPS $1.37, up 70% YoY

KORN FERRY

2022-Q1 EPS reported $1.37 revenue$588,098,000

Record fee revenue $585.4M, up 70% YoY from $344.1M; sequential increase of 5% from Q4.
Operating income $101.3M (margin 17.3%) vs loss of $43.8M; Adjusted EBITDA $121.3M (margin 20.7%).
Net income $74.8M, diluted EPS $1.37 vs loss per share $0.58 in prior year.
Declared quarterly dividend of $0.12/share payable Oct 15, 2021 to holders of record Sept 23, 2021.

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