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CRAI — CRA International News Story

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Charles River Associates' Q2 revenue beats estimates

Overview

CRA fiscal Q2 revenue grows 9% yr/yr, beating analyst expectations, per LSEG data

Adjusted EPS for fiscal Q2 beats consensus, reflecting strong performance

Company raises revenue guidance for fiscal 2025

Outlook

CRA raises full-year revenue guidance to $730 mln-$745 mln

Company increases lower end of profit guidance for fiscal 2025

CRA expects non-GAAP EBITDA margin of 12.3%-13.0% for 2025

Company notes uncertain global conditions may affect future results

Result Drivers

PRACTICE GROWTH - Antitrust & Competition Economics, Energy, Intellectual Property, and Labor & Employment practices posted double-digit revenue growth

GEOGRAPHIC CONTRIBUTION - Both North American and international operations contributed to revenue growth, increasing 9.4% and 7.0% respectively

UTILIZATION - Utilization rate was 76% despite a 3.2% decrease in headcount

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$186.90 mln$180.30 mln (3 Analysts)
Q2 Adjusted EPSBeat$1.88$1.84 (3 Analysts)
Q2 EPS$1.79
Q2 Adjusted Net Income$12.70 mln
Q2 Net Income$12.10 mln
Q2 Adjusted EBITDA$23.30 mln
Press Release: ID:nBw9ZQph7a (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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