earnings
confidence high
sentiment neutral
materiality 0.70
Korn Ferry Q2 revenue down 3% to $704M; net loss $1.7M; raises dividend 83% to $0.33
KORN FERRY
2024-Q2 EPS reported
$0.86
revenue$1,418,709,000
- Fee revenue $704M, down 3% YoY (5% constant currency); net loss $1.7M from $52.8M restructuring charge.
- Adjusted diluted EPS $0.97; operating margin 3.2%; Adjusted EBITDA margin 14.0%.
- Consulting and Digital each grew ~3% YoY; Digital achieved record revenue at constant currency.
- Board increased quarterly dividend 83% to $0.33; payable Jan 12, 2024 to holders of record Dec 21, 2023.