Korn Ferry stock surges after profit and revenue beats, upbeat outlook
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Shares of Korn Ferry shot up 4.0% in premarket trading Wednesday, after the staffing services company reported fiscal fourth-quarter record profit and revenue that rose above expectations, and provided an upbeat outlook, with shortages of skilled labor expected to persist for "years to come." Net income for the quarter to April 30 increased to $91.7 million, or $1.70 a share, from $66.2 million, or $1.21 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share...

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