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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.
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.
Charles River Associates (CRA) reported record-breaking financial results for the first quarter of 2024, with revenue increasing by 12.4% to $171.8 million. The company achieved new quarterly records for net income, earnings per diluted share, and EBITDA. Eight out of eleven practices experienced growth, driving the strong financial performance. CRA also returned $12.3 million to shareholders through dividends and share repurchases. The company reaffirmed its financial guidance for full-year fiscal 2024, expecting revenue in the range of $645 million to $675 million.
Charles River Associates (CRA) has declared a quarterly cash dividend of $0.42 per common share. The dividend will be paid on June 14, 2024, to shareholders of record as of May 28, 2024. The company plans to continue paying quarterly dividends, subject to the discretion of the Board of Directors.
Charles River Associates (CRA) has strengthened its Antitrust & Competition Economics Practice by welcoming Dr. Svend Albæk, a former deputy chief economist of the European Commission's Directorate-General for Competition, as a senior consultant. With over 25 years of experience in European competition policy development, Dr. Albæk's addition enhances CRA's team, providing clients with expert economic analysis and regulatory advice worldwide.
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