Korn Ferry Posts 7.4 Percent Revenue Gain

December 9, 2014 – Korn Ferry/(NYSE:KFY) posted fiscal Q2 revenues of $255.7 million, an increase of 7.4 percent from revenues of $238 million a year ago. Revenues were driven by an $8.9 million, $8.5 million, and a $0.3 million increase in fee revenue in executive recruitment, Futurestep, and leadership & talent consulting respectively. The firm experienced growth in all of its major markets – consumer, industrial, life science/healthcare, financial services and technology. Korn Ferry recorded earnings of $25.4 million, or 51 cents on per share basis. "To be relevant and meaningful, global organizations are demanding a workforce that can innovate, with leaders who are extremely agile and can drive growth across borders,” said Gary D. Burnison, CEO. “While challenging, this environment is also creating opportunity for Korn Ferry, as our diversified offerings and approach are helping companies build the right teams, with the right talent, and linking business strategies to talent strategies." Korn Ferry, based in Los Angeles and with a presence throughout the Americas, Asia Pacific, Europe, the Middle East and Africa, is a global provider of talent management solutions.