CRA International ( (CRAI) ) has released its Q3 earnings. Here is a breakdown of the information CRA International presented to its investors.
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Charles River Associates (CRA) is a global consulting firm specializing in economic, financial, and management consulting services, advising clients on economic and financial matters related to litigation, regulatory proceedings, and business strategy. Headquartered in Boston, CRA operates worldwide, offering objective solutions to complex problems since 1965.
In its third-quarter earnings report for fiscal 2025, CRA International announced a strong financial performance with a 10.8% year-over-year increase in revenue, reaching $185.9 million. The company also raised its revenue guidance and increased the lower end of its profit guidance for the full fiscal year. Additionally, CRA declared a 16% increase in its quarterly dividend.
Key financial highlights include a 0.3% increase in net income to $11.5 million and a 3.6% rise in earnings per diluted share to $1.73. Non-GAAP net income saw a 12.7% increase, while non-GAAP earnings per diluted share rose by 16.4%. The company’s non-GAAP EBITDA also improved by 14.6%, reaching $24.4 million. Revenue growth was broad-based, with significant contributions from the Antitrust & Competition Economics, Energy, Finance, and Intellectual Property practices.
Looking ahead, CRA’s management expressed confidence in the company’s competitive position and business strength, reflected in the raised revenue guidance for the full year. However, they remain cautious of potential impacts from global macroeconomic and political uncertainties. CRA expects to continue its growth trajectory while maintaining a focus on delivering value to its shareholders through dividends and share repurchases.