Korn/Ferry International News Release (09/05/13)
Korn/Ferry International reported fee revenue of $228.4 million for the fiscal first quarter of 2014, up 22% from $186.7 million during the same period last year. Total revenue for the period was $237.6 million, up 21.22% from $196 million. The company’s net income was $11.4 million, up 9.62% from $10.4 million in the fiscal first quarter of 2013.
The company reported fee revenue of $136.6 million for its executive recruitment segment, up 7% from $127.4 million in the year-ago quarter. Fee revenue totaled $60.1 million for its leadership and talent consulting segment, up 112% from $28.4 million, and $31.7 million for its Futurestep segment, up 3% from $30.9 million.