Korn Ferry Posts 47 Percent Increase in Revenues

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Korn Ferry (NYSE:KFY) has posted 2021 fiscal reported second quarter revenue of $639.4 million, an increase of 47 percent from the second quarter of last year. Fee revenue increased in all lines of business. The increase in revenue when compared to Q2 fiscal year 2021 was primarily due to the record levels of new business in the quarter driven by the relevance of the firm’s solutions in helping businesses solve their organizational and human capital issues driven by secular changes (i.e., workforce transformation, diversity, equity & inclusion and environmental, social and governance) in today’s business environment. Further, the COVID-19 pandemic adversely impacted the company

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