KFY - Korn/Ferry Non-GAAP EPS of $1.50 misses by $0.01 revenue of $703.1M beats by $6.06M

• Korn/Ferry press release ( NYSE: KFY ): Q1 Non-GAAP EPS of $1.50 misses by $0.01 .
• Revenue of $703.1M (+19.6% Y/Y) beats by $6.06M .
• Fee revenue of $695.9 million, an increase of 19% (24% on a constant currency) from Q1 FY’22
• Operating income and Adjusted EBITDA were $111.6 million
• Outlook:
• Q2 FY’23 fee revenue is expected to be in the range of $678 million and $708 million; and
• Q2 FY’23 diluted earnings per share is expected to range between $1.28 to $1.45
• Q2 FY’23 adjusted diluted earnings per share is expected to be in the range from $1.34 to $1.50. vs consensus of $1.50.
• Shares +5% PM.

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