Korn/Ferry International News Release (06/16/14)

Korn/Ferry International reported revenues of $251.7 million for the fiscal fourth quarter, up 10.4% from $227.9 million in the year-ago quarter, and $960.3 million for fiscal 2014, up 18.1% (19.1% in constant currency) from $812.8 million in fiscal 2013. Net income totaled $21.2 million in the fourth quarter, up 73.8% from $12.2 million, and $72.7 million for fiscal 2014, up 118.3% from $33.3 million.

By segment, revenue totaled $148.2 million in the fourth quarter for Executive Recruitment, up 8.3% from $136.8 million; $66.2 million for Leadership & Talent Consulting, up 10.1% from $60.1 million; and $37.3 million for Futurestep, up 20.3% from $31 million. Fiscal 2014 revenue totaled $568.9 million for Executive Recruitment, up 8.9% from $522.5 million; $254.6 million for Leadership & Talent Consulting, up 51.5% from $168.1 million; and $136.8 million for Futurestep, up 12% from $122.2 million.