KFY - Korn/Ferry Non-GAAP EPS of $1.43 beats by $0.02 revenue of $735.7M beats by $40.38M

• Korn/Ferry press release ( NYSE: KFY ): Q2 Non-GAAP EPS of $1.43 beats by $0.02 .
• Revenue of $735.7M (+14.3% Y/Y) beats by $40.38M .
• Fee revenue of $727.8 million, an increase of 14%
• Operating income and Adjusted EBITDA were $119.6 million (operating margin of 16.4%) and $131.1 million (Adjusted EBITDA margin of 18.0%), respectively, in Q2 FY’23
• Q3 Outlook:
• Q3 FY’23 fee revenue is expected to be in the range of $660 million and $690 million; and
• Q3 FY’23 diluted earnings per share is expected to range between $0.40 to $0.66 and adjusted  diluted earnings per share is expected to range between $0.88 to $1.00 vs consensus of $1.32.
• Q3 FY’23 and Q4 FY'23 Adjusted EBITDA margin is expected to be in the range of 14% to 15%.

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