Strong New Business Growth
Total firm new business grew 13% year-over-year, driven by the Americas and EMEA.
Increase in Dividend
Korn Ferry raised their quarterly dividend by 30%, marking the sixth increase in the last five years.
Improved Adjusted EBITDA
Adjusted EBITDA increased 13% year-over-year to $114 million, with adjusted EBITDA margin up 190 basis points to 17.1%.
Successful Engagements
Significant transformation engagements won, including a global energy company and leadership programs at large employers.
RPO Business Performance
RPO new business of $210 million, with 65% from new clients, and RPO fee revenue grew 6% in the third quarter.
Consulting and Digital Segments Growth
Consulting new business was up 3% at constant currency with an adjusted EBITDA margin up 100 basis points to 17.7%. Digital fee revenue was up 3% in constant currency.