Revenue during the quarter grew 9.84 percent to $394.20 million from $358.88 million in the previous year period. Gross margin for the quarter expanded 166 basis points over the previous year period to 92.69 percent. Operating margin for the quarter period stood at positive 7.75 percent as compared to a negative 3.92 percent for the previous year period.

Operating income for the quarter was $30.54 million, compared with an operating loss of $14.07 million in the previous year period.

However, the adjusted EBITDA for the quarter stood at $55.30 million compared with $47.70 million in the prior year period. At the same time, adjusted EBITDA margin improved 74 basis points in the quarter to 14.03 percent from 13.29 percent in the last year period.

“I am pleased to report an 11% increase in fee revenue to $382 million and strong profitability with adjusted diluted earnings per share of $0.53 and adjusted EBITDA of approximately $55 million during our recently completed third quarter, benefitted by the acquisition of Hay Group,” said Gary D. Burnison, Chief executive officer of Korn Ferry. “I’m confident the steps we have taken since combining with the Hay Group ��" broadening our solutions, unifying two outstanding workforces and streamlining our operations ��" have not only created the world’s leading organizational and people advisory firm, but a transformational platform for growth and scale.”

For the fourth-quarter 2017, Korn/Ferry International  expects revenue to be in the range of $398 million to $412 million.and the company expects diluted earnings per share to be in the range of $0.41 to $0.49 and also its adjusted diluted earnings per share to be in the range of $0.57 to $0.63.