secwatch.observer — SEC 8-K summary
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Issuer:     KORN FERRY (KFY)
CIK:        0000056679
Form:       8-K
Filed at:   2023-09-07T23:59:59+00:00
Accession:  0001628280-23-031642
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Korn Ferry Q1 FY'24 fee revenue flat at $699M; operating margin halves to 8.1%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56679/000162828023031642/0001628280-23-031642-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56679/000162828023031642/kfy-20230906.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-031642

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