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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) will participate in two virtual investor conferences. On November 18, 2020, CEO Paul Maleh, CFO Daniel Mahoney, and CDO Chad Holmes will hold one-on-one meetings at the Southwest IDEAS Investor Conference. The following day, November 19, 2020, Maleh will present at the Sidoti Virtual Microcap Conference at 1:00 PM ET, accompanied by Mahoney and Holmes for additional meetings. This proactive engagement reflects CRA’s commitment to transparency and investor relations.
Charles River Associates (NASDAQ: CRAI) reported financial results for the third quarter ending September 26, 2020, with revenue increasing 5.3% year-over-year to $121.8 million. Net income was $5.4 million (4.4% of revenue), down from $5.7 million (5.0% of revenue) in Q3 2019. Earnings per diluted share decreased to $0.68 from $0.71. The company announced a 13% increase in its quarterly dividend to $0.26. CRA maintained strong cash flows, reduced borrowings by $21 million, and increased headcount by 11.5%. Full-year revenue guidance is set between $498 million to $504 million.
Charles River Associates (CRAI) will host its third-quarter 2020 financial results conference call on October 29, 2020, at 10:00 a.m. ET. The event will be led by CEO Paul Maleh, CFO Daniel Mahoney, and CDO Chad Holmes. Investors can access the live webcast through the Investor Relations section of CRA's website. A recorded version of the call will be available for one year following the event. CRA, a global leader in economic, financial, and management consulting, has been providing expert advisory services since 1965.
BOSTON--Charles River Associates (NASDAQ: CRAI) has appointed Christopher Gerardi as Vice President in its Risk, Investigations & Analytics Practice, located in Washington, DC. Gerardi brings over 25 years of experience in economic, financial, and accounting advisory services, strengthening CRA's offerings in legal and business challenges. His previous roles include Senior Managing Director at another consulting firm. CRA aims to enhance client service with Gerardi's expertise in intellectual property and complex disputes.