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Korn/Ferry Profit More Than Triples

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From Associated Press

Executive search firm Korn/Ferry International Inc. said its fiscal second-quarter earnings more than tripled from a year earlier on increased activity “in every product offering and in every region.”

The Century City-based company said it earned $9.5 million, or 21 cents a share, on revenue of $113.5 million. In the same period last year, it earned $2.5 million, or 6 cents, on revenue of $82 million.

Korn/Ferry shares closed at $20.15, up 90 cents, on the New York Stock Exchange.

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