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CRA International (CRAI) Stock News

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CRA International, Inc. reports news under the Charles River Associates name as a global consulting firm focused on economic, financial and management consulting services. Its updates commonly cover quarterly results, revenue performance by Legal & Regulatory and Management Consulting offerings, and practice activity in areas such as Antitrust & Competition Economics, Energy, Finance, Forensic Services and Life Sciences.

Company announcements also address capital-return actions, including quarterly cash dividends, additions and promotions of senior consulting talent, investor conference participation, and board governance developments. CRA's business news is tied to litigation and regulatory advisory work, corporate strategy and performance consulting, and geographic performance across North American and international operations.

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Charles River Associates (NASDAQ: CRAI) added Harvard Business School Professor Feng Zhu as an Academic Affiliate in its Antitrust & Competition Economics Practice. Zhu studies technology-driven competition and digital markets and has experience in antitrust and competition matters in China. At Harvard Business School, he leads the Platform Lab within the AI Institute and co-chairs the Analytics Program.

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Charles River Associates (CRAI) named Patrick Hillan vice president in its Life Sciences Practice, adding medical affairs strategy experience.

Hillan previously worked as a partner at a life sciences consulting firm, advising pharmaceutical and biotechnology companies on medical affairs strategy and launch readiness.

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CRA International (CRAI) will manage a renewable energy credit RFP for FirstEnergy (FE) Ohio utilities, with bid pricing proposals due November 2, 2026.

The utilities are Ohio Edison, Cleveland Electric Illuminating and Toledo Edison. A webinar for prospective bidders is scheduled for October 1, 2026. Credit and qualifying applications are due October 26. The Public Utilities Commission of Ohio approved the RFP, which may include solar and non-solar credits.

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Charles River Associates (CRAI) released an independent report, commissioned by Veolia, showing that hazardous waste management capacity is a critical input to US economic growth. The analysis finds that a 1 to 3 percent shortfall in US hazardous waste management capacity could reduce projected 2033 real gross output by $27–82 billion.

The report, “Hazardous Waste Management: A Hidden Input to US Economic Growth,” notes that virtually all US goods and services depend directly or indirectly on hazardous waste management. The United States currently generates over 30 million tons of hazardous waste annually, about 200 pounds per person, and may produce an additional 5 million tons per year by 2033 due to reshoring and growth in sectors such as semiconductors and electric-vehicle batteries. Veolia, which became the number two US hazardous waste player after acquiring Clean Earth in June 2026, now operates more than 100 service centres, 33 treatment, storage and disposal facilities, 6 high-temperature incineration units, and holds over 700 permits with 5,500 staff.

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Charles River Associates (CRAI) will present at two virtual investor conferences in late 2026. Chairman and CEO Paul Maleh will present at the Sidoti Small Cap Virtual Conference at 10:00 a.m. EDT on Wednesday, September 23, 2026, and at the Noble Capital Markets Emerging Growth Virtual Equity Conference at 9:00 a.m. EDT on Thursday, October 1, 2026. Senior executives will also be available for virtual investor meetings. A live webcast and archived replay of the Sidoti presentation, and an archived replay of the Noble presentation, will be accessible via the company’s investor relations website.

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Charles River Associates (NASDAQ: CRAI) reported record second‑quarter fiscal 2026 revenue of $210.8 million, up 12.8% year over year, with utilization at 77% and headcount up 3.3%. GAAP net income rose 11.4% to $13.5 million (6.4% margin) and diluted EPS increased 17.3% to $2.10. Non‑GAAP net income was $13.9 million and non‑GAAP diluted EPS $2.16, while non‑GAAP EBITDA grew 15.3% to $26.8 million (12.7% margin).

For first‑half fiscal 2026, revenue reached $411.8 million and non‑GAAP EBITDA $49.7 million. The company raised constant‑currency full‑year revenue guidance to $805–$820 million and reaffirmed a non‑GAAP EBITDA margin of 12.0–13.0%. CRA returned $31.4 million to shareholders via dividends and share repurchases, declared a new quarterly dividend of $0.57 per share, and refinanced its credit facility to a five‑year, $400 million structure with a $75 million term loan and a $325 million revolver.

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Charles River Associates (NASDAQ: CRAI) increased and extended its bank credit facility to a five-year, $400 million structure, comprising a $75 million term loan and a $325 million revolving credit facility. The revolver replaces a prior $300 million facility that was to mature in August 2027.

The revolving line can be optionally reduced to $250 million during periods of lower working capital needs. According to Charles River Associates, proceeds will repay the existing facility and support working capital, growth initiatives, and other general corporate purposes, backed by a six-bank syndicate.

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Charles River Associates (NASDAQ: CRAI) announced that its Board of Directors has declared a quarterly cash dividend of $0.57 per common share. The dividend is payable on September 14, 2026 to shareholders of record as of the close of business on August 25, 2026. The company expects to continue quarterly dividends, subject to Board discretion.

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Charles River Associates (NASDAQ: CRAI) will host a webcast conference call to discuss its second-quarter fiscal 2026 financial results on Thursday, August 6, 2026 at 10:00 a.m. ET. The call will feature President and CEO Paul Maleh, CFO Eric Nierenberg, and Chief Corporate Development Officer Chad Holmes.

Investors can access the live webcast and, prior to the call, the earnings press release and supplemental financial information, including prepared CFO remarks, via the Investor Relations section of CRA’s website. Telephone access is available by dialing (877) 709-8155 or (201) 689-8881. An archived webcast, press release, and financial materials will remain available on the website for one year.

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Charles River Associates (NASDAQ: CRAI) announced that Kevin Williams, Professor of Economics at Yale School of Management, has joined its Antitrust & Competition Economics Practice as an Academic Affiliate. Williams specializes in industrial organization, pricing dynamics, and firm decision-making under demand and competitive uncertainty.

According to Charles River Associates, his expertise in dynamic pricing across sectors such as travel, transportation, e-commerce, and energy will support clients in regulatory and litigation matters involving pricing behavior, competitive dynamics, and market outcomes. Williams holds degrees in economics and mathematics and has widely published and presented his research.

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FAQ

What is the current stock price of CRA International (CRAI)?

The current stock price of CRA International (CRAI) is $171.29 as of October 5, 2026.

What is the market cap of CRA International (CRAI)?

The market cap of CRA International (CRAI) is approximately 1.1B.