---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-009302"
form_type: "8-K"
ticker: "KFY"
cik: "0000056679"
company_name: "KORN FERRY"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T03:11:19.765271+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Korn Ferry Q3 FY2024 fee revenue $668.7M (-2% YoY); operating margin jumps to 7.5%

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-009302
- form_type: 8-K
- ticker: KFY
- cik: 0000056679
- company_name: KORN FERRY
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56679/000162828024009302/0001628280-24-009302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56679/000162828024009302/kfy-20240305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-009302
- JSON: https://secwatch.observer/filing/0001628280-24-009302.json
- Plain text: https://secwatch.observer/filing/0001628280-24-009302.txt

## Key facts
- Earnings Releases
  KORN FERRY reported third quarter fiscal year 2024 results: revenue $668.7 million, net income $59.1 million, EPS $1.13.
  - Period: third quarter fiscal year 2024
  - Revenue: $668.7 million
  - Net income: $59.1 million
  - EPS: $1.13
  - Result: reported results
  source text: Korn Ferry Announces Third Quarter Fiscal 2024 Results of Operations Highlights ▪ Korn Ferry reports Q3 FY'24 fee revenue of $668.7 million, a year-over-year decrease of 2% at both actual and constant currency . ▪ Net income attributable to Korn Ferry was $59.1 million, while diluted and adjusted diluted earnings per share were $1.13 and $1.07 in Q3 FY'24, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/56679/000162828024009302/0001628280-24-009302-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
