earnings
confidence high
sentiment positive
materiality 0.75
Korn Ferry Q3 FY2024 fee revenue $668.7M (-2% YoY); operating margin jumps to 7.5%
KORN FERRY
2024-Q3 EPS reported
$1.99
revenue$2,095,582,000
- Diluted EPS $1.13, adjusted $1.07; net income $59.1M vs $11.2M YoY.
- Operating income $49.9M (7.5% margin) vs $12.5M (1.8%); Adjusted EBITDA $101.7M (15.2% margin).
- Consulting fee revenue +3% with bill rate +12% to $438/hr; Digital revenue +6%, subscription/license +11% to $33M.
- Declared $0.33/share dividend payable April 15; repurchased 382,500 shares for $21M.