Six Consecutive Quarters of Profitability Improvement
Korn Ferry achieved an EBITDA margin over 17% for six consecutive quarters, reflecting consistent profitability improvement.
Strong Performance in Executive Search and Digital
New business for Executive Search and Digital were strong, up 4% and 11% year-over-year, respectively.
Increase in Average Bill Rates
Interim bill rates grew year-over-year by 11%, and consulting bill rate remained steady at almost $420 an hour.
Launch of Korn Ferry Talent Suite
The company launched a new HR integrated software platform, Korn Ferry Talent Suite, enhancing client access to talent management capabilities.
RPO New Business Growth
RPO saw strong new business with $101 million in new awards, including $60 million from new logo assignments.
Improvement in Adjusted EBITDA
Consolidated adjusted EBITDA grew $18 million or 19% year-over-year, with adjusted EBITDA margin improving to 17.4%.