Charles River Associates reports Q2 EPS $1.42 , consensus $1.23

Reports Q2 revenue $161.97M , consensus $143.1M . Utilization was 72%, and quarter-end headcount increased 12.5% year over year. “Building on a strong start to the year, CRA delivered revenue growth of 8.6% year over year to $162.0 million, representing the highest quarterly revenue in the company’s history,” said Paul Maleh, CRA’s President and Chief Executive Officer. “This performance was driven by broad-based contributions across our portfolio. Seven of 11 practices grew year over year. Leading the way were four practices-Energy, Finance, Financial Economics, and Forensic Services-that each generated double-digit revenue growth, while our Antitrust & Competition Economics, Labor & Employment, and Life Sciences practices also grew. Our North American and international operations both grew in the second quarter, led by our international operations, which increased revenue by 18.6% year over year.”