UPDATE: Korn/Ferry International Announces Q4 Results

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Korn/Ferry International KFY announced fourth quarter fiscal 2011 diluted earnings per share of $0.43 compared to $0.19 in Q4 FY'10. Excluding certain tax adjustments, Q4 FY'11 diluted earnings per share was $0.39. Fee revenue was $197.3 million in Q4 FY'11 compared to $168.7 million in Q4 FY'10, an increase of $28.6 million, or 17%, which reflects increases in fee revenue from all segments of the business driven primarily by a 15% increase in the overall number of engagements billed as well as a 2% increase in the weighted-average fee billed per engagement compared to the year-ago fiscal quarter. On a constant currency basis fee revenue increased $21.9 million, or 13%. Total Q4 revenue was $ 205.78M
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