Fri, Jun 28, 7:10 PM (71 days ago)
Korn Ferry's fiscal year 2024 performance highlights include: - Fee revenue of $2,762.7 million, a slight decrease of 3% from fiscal 2023. - Net income attributable to Korn Ferry was $169.2 million. - Operating income was $212.9 million with a margin of 7.7%. - Adjusted EBITDA was $408.2 million with a margin of 14.8%, showing consecutive quarterly increases. - Diluted earnings per share were $3.23. - Consulting and Digital segments showed resilience, with Consulting fee revenue up 2.7% and Digital fee revenue up 3.4%. - The company returned $52.5 million in share repurchases and $54.4 million in dividends to shareholders. - Korn Ferry continues to leverage its brand, intellectual property, and data to drive growth and client impact amidst a challenging economic environment. The company's strategic focus includes maintaining a strong market position, driving innovation, and managing risks related to economic conditions, competition, and technology advancements.