Korn/Ferry International Reports Strong Q1 Results Amid AMS Integration
Korn/Ferry International reported strong first-quarter results for fiscal 2027, with fee revenue rising 7% year over year to $756 million. Adjusted EBITDA increased by 7% to $128 million and adjusted EPS climbed 9% to $1.43. The company extended its streak of top-line growth across all regions for six consecutive quarters. The completed acquisition of AMS expanded Korn/Ferry's scale, creating a firm with nearly 17,000 employees and approximately $3.5 billion in backlog. Management expects the annualized EBITDA from AMS to rise from $100 million to $140 million ahead of schedule. Korn/Ferry outlined an optimistic outlook for Q2, forecasting fee revenue between $860 million and $878 million with adjusted EPS expected to range from $1.30 to $1.40. The company plans to focus on customer integration and debt reduction while remaining cautious about the impact of AI in talent data management.
Tickers: $KFY
Topics: EBITDA growth financial performance M&A integration revenue growth