Korn Ferry Q2 fee revenue up 14% to $728M; diluted EPS $1.38, adjusted $1.43

KORN FERRY

2023-Q2 EPS reported $2.83 revenue$1,438,867,000

Fee revenue $727.8M (+14% YoY, +20% constant currency); operating margin 16.4%.
Net income $73.5M; adjusted diluted EPS $1.43 vs $1.53 last year.
Adjusted EBITDA $131.1M (18.0% margin) vs $134.9M (21.1%) in Q2 FY'22.
Declared $0.15/share dividend payable Jan 13, 2023; repurchased 622,500 shares for $33.1M.
Completed acquisition of Infinity Consulting Solutions in Professional Search segment.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

KORN FERRY reported second quarter fiscal year 2023 results: revenue $727.8 million, net income $73.5 million, EPS $1.38 per diluted share.

Period: second quarter fiscal year 2023
Revenue: $727.8 million
Net income: $73.5 million
EPS: $1.38 per diluted share
Result: reported results

Exact text from the filing

Kvochak, (310) 556-8550 Media: Dan Gugler, (310) 226-2645 Korn Ferry Announces Second Quarter Fiscal 2023 Results of Operations Highlights ▪ Korn Ferry reports fee revenue of $727.8 million in Q2 FY’23, an increase of 14% (20% at constant currency) from Q2 FY’22 and a sequential increase of 5% (7% on a constant currency basis) from Q1 FY'23. ▪ Net income

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Source: SEC EDGAR

accession 0001628280-22-031558

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