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.
Say Goodbye to Mundane Tasks and Hello to Efficiency
Are you accustomed to using a plethora of resources to recruit the right candidates? Our research shows that the average firm spends around five hours logging in and out of systems to source candidates to fill one job. We’re excited to announce the next level in candidate sourcing: CareerBuilder Talent Discovery, a platform that has everything in one place. Stop by CareerBuilder’s booth next week at Staffing World to learn more—Booth 813 in the expo hall.