Welcome to our dedicated page for Cra Intl news (Ticker: CRAI), a resource for investors and traders seeking the latest updates and insights on Cra Intl stock.
CRA International Inc (CRAI) delivers economic consulting and regulatory analysis services to corporations, government agencies, and global institutions. This news hub provides investors and professionals with essential updates about the firm’s strategic initiatives, litigation support activities, and market leadership.
Access authoritative information on mergers and acquisitions, regulatory compliance developments, and financial advisory services. Our curated collection ensures you stay informed about CRAI’s role in shaping economic decisions through data-driven insights and expert testimony.
Discover press releases detailing corporate milestones, leadership updates, and service expansions. The repository serves as a critical tool for understanding how CRA International navigates complex economic challenges while maintaining analytical rigor across global markets.
Bookmark this page for streamlined access to verified updates about CRAI’s consulting engagements and industry impact. Regular visits ensure awareness of how the firm addresses evolving regulatory landscapes and business strategy demands.
Charles River Associates (NASDAQ: CRAI) reported strong Q2 2024 financial results, with revenue increasing 5.9% year-over-year to $171.4 million. The company raised its full-year fiscal 2024 guidance for both revenue and profit. Key highlights include:
- Utilization at 74%, with a slight 0.3% decrease in quarter-end headcount
- Net income decreased 31.2% to $6.5 million, while non-GAAP net income increased 26.4% to $12.7 million
- Earnings per diluted share decreased 29.9% to $0.94, non-GAAP EPS increased 28.9% to $1.83
- Non-GAAP EBITDA increased 18.5% to $22.3 million (13.0% of revenue)
- CRA returned $27.0 million to shareholders through dividends and share repurchases
The company now expects full-year fiscal 2024 revenue between $670.0-$685.0 million and non-GAAP EBITDA margin of 12.2-13.0%.
Charles River Associates (NASDAQ: CRAI), a global leader in economic, financial, and management consulting services, has announced a quarterly cash dividend of $0.42 per common share. The dividend will be paid on September 13, 2024, to shareholders of record as of the close of business on August 27, 2024. CRA expects to continue paying quarterly dividends, although the declaration, timing, and amounts remain subject to the discretion of the company's Board of Directors. This announcement demonstrates CRA's commitment to returning value to shareholders and confidence in its financial stability.
Charles River Associates (NASDAQ: CRAI), a global leader in economic, financial, and management consulting services, has announced its upcoming second-quarter fiscal 2024 financial results conference call. The call is scheduled for Thursday, August 1, 2024, at 10:00 a.m. ET and will be hosted by key executives including President and CEO Paul Maleh, CFO Daniel Mahoney, and Chief Corporate Development Officer Chad Holmes.
Investors and interested parties can access the live webcast through the 'Investor Relations' section of CRA's website. For those preferring to listen via telephone, dial-in numbers are provided. Prior to the call, CRA will release its Q2 2024 financial results, supplemental financial information, and prepared CFO remarks on their website. An archived version of the webcast and related materials will be available for one year post-call.
CRA International (NASDAQ: CRAI), also known as Charles River Associates, has launched an enhanced trading platform for the Natural Fibre Exchange (NFX). The NFX platform, previously to domestic wool sales, now supports international transactions, unveiled at the June 24 trading event where nearly 90% of lots sold successfully. The platform aims to attract more global participants through a direct marketing campaign later this year. CRA Vice President Brad Miller highlighted the platform's role in providing credible prices and reliable information. CRA has conducted over 150 bi-weekly NFX trading events since 2018, similar to its other agricultural trading platforms.
Charles River Associates (NASDAQ: CRAI) has announced the addition of Morgan Magionos and Michelle Taylor as vice presidents in their Risk, Investigations & Analytics Practice. Both will be based in Washington, DC.
Morgan Magionos brings extensive experience in forensic accounting, anti-corruption, anti-money laundering, and financial fraud. She previously led a compliance team at a global telecommunications company and served as a forensic accountant at the FBI.
Michelle Taylor has a robust background in strategic advisory services and managing multijurisdictional investigations. She has worked with the FBI on public corruption, counterterrorism, and national security issues and held leadership roles in the private sector.
Their addition aims to enhance CRA's capabilities in investigating complex legal, regulatory, and compliance matters.
Charles River Associates (NASDAQ: CRAI) will participate in the Noble Capital Markets Emerging Growth Virtual Conference. The event will feature a presentation by CRA's Chairman and CEO, Paul Maleh, at 9:00 a.m. ET on Thursday, June 27, 2024. The presentation will be accessible through a live webcast on the company's investor relations website, with a replay available post-event. Additionally, CRA's leadership team, including CEO Paul Maleh, CFO Daniel Mahoney, and Chief Corporate Development Officer Chad Holmes, will engage in virtual one-on-one meetings with investors on June 26 and 27.
Charles River Associates (NASDAQ: CRAI) announced the appointment of Christine Oumansour as Vice President in its Energy Practice. Oumansour, who will be based at CRA's Boston headquarters, brings nearly two decades of experience in the energy sector. She has advised a multitude of global energy companies on infrastructure projects and is recognized as a thought leader in the energy transition and capital expenditure (capex) space. Before joining CRA, Oumansour was a partner at a large management consulting firm and also held a leadership position at a specialty data and analytics firm.
Charles River Associates (NASDAQ: CRAI) announced the appointment of Jonathan Rajewski as Vice President in its Forensic Services Practice. Based in Houston, Rajewski brings nearly 20 years of experience in civil and criminal digital forensic investigations and expert testimony. He joins a team skilled in addressing cyber and intellectual property threats. Before CRA, Rajewski led incident response and digital forensics at a global consulting firm and served as a forensic examiner in Vermont. He founded and directed the Senator Patrick Leahy Center for Digital Investigation at Champlain College, where he was an associate professor. Rajewski holds multiple degrees and professional certifications and has been honored with awards, including the 2019 FBI Director’s Community Leadership Award.
Charles River Associates (NASDAQ: CRAI) announced its participation in the Sidoti Small-Cap Virtual Conference. Chairman and CEO Paul Maleh will present on June 12, 2024, at 11:30 a.m. ET. The presentation will be live-streamed on the company's investor relations website, with a replay available one hour post-event. CFO Daniel Mahoney and Chief Corporate Development Officer Chad Holmes will join Maleh for virtual one-on-one meetings with investors on June 12 and 13.
Charles River Associates (NASDAQ: CRAI) has expanded its Intellectual Property Practice by hiring 20 consultants, including two vice presidents, Chris Bakewell and Julia Rowe. The addition of top talent enhances CRA's expertise in intellectual property valuation, licensing, and strategy, addressing complex business and economic issues as new technologies rapidly develop. This strategic move aims to provide clients with specialized support in matters related to IP assets, such as patent infringement, trademark infringement, copyright infringement, and international trade issues. The new team members bring a wealth of experience and expertise to CRA's Intellectual Property Practice, positioning the firm as a leader in the field.