Korn/Ferry International Reports Q2 EPS Excluding Net Adjustments $0.33 vs $0.34 Est; Revenues $210M vs $201.38M Est

Korn/Ferry International

announced Q2 FY'12 diluted earnings per share of $0.32 compared to diluted earnings per share of $0.30 in Q2 FY'11. Excluding net adjustments to previously recorded restructuring charges of $2.1 million, diluted earnings per share was $0.33 in Q2 FY'11. "I am proud of Korn/Ferry's accomplishments during the quarter, which includes eight percent year over year growth and an operating margin of 12.7 percent," said Gary D. Burnison, CEO of Korn/Ferry International. "With regard to talent, the business world continues to operate a two-speed labor cycle. Businesses today are doing more with less, placing ever-increasing demands on leaner, skilled workforces highlighting the universal need to attract, develop and retain top people. Through our diversified business, we are well positioned to not only assist our clients in solving these complex human capital needs but by doing so, ensure their competitive success."