earnings
confidence high
sentiment negative
materiality 0.65
Korn Ferry Q1 FY'24 fee revenue flat at $699M; operating margin halves to 8.1%
KORN FERRY
2024-Q1 EPS reported
$0.89
revenue$706,262,000
- GAAP diluted EPS $0.89 vs $1.45 year ago; adjusted diluted EPS $0.99 vs $1.50.
- Operating income $56.8M (8.1% margin) down from $111.6M (16.0%) on flat revenues.
- Adjusted EBITDA $95.7M (13.7% margin) vs $132.2M (19.0%) in prior year quarter.
- Board declared $0.18/share quarterly dividend, payable Oct 13 to holders of record Sep 22.
- Repurchased 90,000 shares for $4.2M during the quarter.