Korn/Ferry International News Release (12/09/14)
Korn/Ferry International reported revenue of $264.7 million for the second quarter of fiscal 2015, up 7.5% from $246.2 million in the second quarter of fiscal 2014, with fee revenue hitting a record high of $255.7 million, up 7.4% (8.1% in constant currency) from $238 million. Net income totaled $24.5 million, up 30.3% from $18.8 million in the year-ago quarter.
By segment, fee revenue totaled $149 million for executive recruitment, up 6.4% (7.1% in constant currency) from $140.1 million; $66.3 million for leadership and talent consulting, up 0.5% (0.9% in constant currency) from $66 million; and $40.4 million for Futurestep, up 26.6% (27.3% in constant currency) from $31.9 million. North American fee revenue in the executive recruitment segment totaled $82.7 million, up 10.0% from $75.2 million.
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