Korn Ferry (NYSE:KFY) has just announced its quarterly cash dividend of $0.48 per share, payable on July 31, 2025, to shareholders of record on July 3, 2025. This move is part of the company's capital allocation strategy, reflecting confidence in the strength of the business, strategic execution consistency, and disciplined operational approach.
In terms of financial performance, Korn Ferry reported that revenues for the quarter were $656.3 million, an increase of 17.5% compared to the same period last year. The company's earnings per share (EPS) stood at $1.56, a significant improvement from the previous year's $0.98. Additionally, the firm's operating income reached $80.6 million, marking a robust 44.8% increase from the prior year.
Korn Ferry also highlighted its adjusted EBITDA, which grew to $119.7 million, up 29.4% compared to the corresponding period in the previous year. The adjusted diluted EPS for the quarter was $1.62, showcasing a substantial rise from $1.03 in the same period last year.
Furthermore, the company's cash flow from operations was reported at $97.4 million, demonstrating a 22.1% increase year-over-year. Korn Ferry's balance sheet also remained strong, with cash and cash equivalents totaling $239.6 million as of the end of the quarter.
Gary D. Burnison, CEO of Korn Ferry, emphasized the company's confidence in the business's strength, strategic execution consistency, and disciplined operational approach. He underscored that the initiation of another quarterly cash dividend aligns with the firm's capital allocation strategy.
Korn Ferry, a global consulting firm that powers performance, continues to unlock potential in people and drive transformation across businesses. The company's commitment to lasting impact and ambition for change has positioned it as a choice for forward-thinking companies across various industries. Today the company's shares have moved 1.55% to a price of $67.62. For more information, read the company's full 8-K submission here.
