Korn/Ferry International News Release (06/11/15)

Korn/Ferry International reported total revenue of $282.2 million for the fiscal fourth quarter of 2015, up 8% from $261 million in the fiscal fourth quarter of 2014. The company reported total revenue of $1.1 billion for fiscal 2015, up 7% from $996 million in fiscal 2014. Fee revenue totaled $271.7 million in the fourth quarter, up 8% (14.2% in constant currency) from $251.7 million, and $1 billion for fiscal 2015, up 7% (9.6% in constant currency) from $960.3 million. Net income totaled $25.5 million in the fourth quarter, up 20.3% from $21.2 million, and $88.4 million for fiscal 2015, up 21.6% from $72.7 million.

By segment, total revenue for the fourth quarter was $161.7 million for executive recruitment, up 5.2% from $153.7 million; $75.3 million for leadership and talent consulting, up 10.1% from $68.4 million; and $45.2 million for Futurestep, up 16.8% from $38.7 million. For all of fiscal 2015, revenue totaled $619.3 million for executive recruitment, up 4.8% from $591.2 million; $275.2 million for leadership and talent consulting, up 4.6% from $263 million; and $171.6 million for Futurestep, up 21.4% from $141.4 million.