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What's Going on With Corn Ferry?
Corn Ferry is a well known staffing and employment company that's famous for doing big executive searches. Stock was up 6% when they announced earnings this week after those earnings, because it was a strong quarter. Their fee revenue of $681 million basically flat, a little maybe a little bit up on a constant currency basis year over year. But it's their fiscal third quarter profits of $53 million adjusted that income, which I think is the right number to use in this case. Here's the Corn Ferry CEO Gary Burnison talk about what recruitment looks like and who they're recruiting to new roles including post pandemic.