News Column

Korn Ferry International Announces Fourth Quarter and Fiscal 2014 Results of Operations

July 5, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- Korn/Ferry International (NYSE: KFY), a single source of leadership and talent consulting services, announced record quarterly and annual fee revenues of $251.7 million and $960.3 million for the fourth quarter and FY'14, respectively. Fourth quarter diluted earnings per share were $0.43. Full year adjusted diluted earnings per share were $1.60, excluding restructuring, integration/acquisition, and separation costs of $8.6 million. Including such costs, diluted earnings per share was $1.48 for the year ended April 30, 2014.

"Korn Ferry closed out the fiscal year with a strong quarter - 10.7% growth in fee revenue for the quarter and 19.1% growth for the year, at constant currency - which represents the strongest top line results in the company's history, with earnings per share of $0.43," said Gary D. Burnison, CEO, Korn Ferry. "Korn Ferry's performance is a testament to our differentiated strategy, robust intellectual property and talented people."

Keywords for this news article include: Finance, Korn Ferry.

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Source: Investment Weekly News


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