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
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.)