Korn Ferry Reports Earnings Results for the Fourth Quarter Ended April 30, 2021
June 22, 2021 at 04:15 pm IST
Share
Korn Ferry announced earnings results for the fourth quarter ended April 30, 2021. For the fourth quarter, the company announced total revenue was USD 557.394 million compared to USD 448.976 million a year ago. Operating income was USD 86.252 million compared to USD 22.227 million a year ago. Net income was USD 66.190 million compared to net loss of USD 802,000 a year ago. Basic earnings per share from continuing operations was USD 1.22 compared to basic loss per share from continuing operations of USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 1.21 compared to diluted loss per share from continuing operations of USD 0.02 a year ago. For the full year, total revenue was USD 1,819.946 million compared to USD 1,977.330 million a year ago. Operating income was USD 155.784 million compared to USD 176.025 million a year ago. Net income was USD 114.454 million compared to USD 104.946 million a year ago. Basic earnings per share from continuing operations was USD 2.11 compared to USD 1.91 a year ago. Diluted earnings per share from continuing operations was USD 2.09 compared to USD 1.9 a year ago.
Korn Ferry is an organizational consulting company. The Company operates through eight segments: Consulting, Digital, Executive Search North America, Executive Search EMEA, Executive Search Asia Pacific, Executive Search Latin America, Professional Search & Interim and RPO. Its segments operate through five lines of business: Consulting, Digital, Executive Search, Professional Search & Interim and recruitment process outsourcing (RPO). Consulting aligns organization structure, performance and people to drive growth by addressing organizational strategy, assessment, succession, and leadership. Digital uses an artificial intelligence-based machine-learning platform to identify structure, roles, capabilities and behaviors needed. Executive Search helps organizations recruit board level, chief executive and other senior executive and general management talent. Professional Search & Interim delivers enterprise talent acquisition solutions for professional level middle and upper management.