Overview

* CRA fiscal Q2 revenue grows 9% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EPS for fiscal Q2 beats consensus, reflecting strong performance

* Company raises revenue guidance for fiscal 2025

Outlook

* CRA raises full-year revenue guidance to $730 mln-$745 mln

* Company increases lower end of profit guidance for fiscal 2025

* CRA expects non-GAAP EBITDA margin of 12.3%-13.0% for 2025

* Company notes uncertain global conditions may affect future results

Result Drivers

* PRACTICE GROWTH - Antitrust & Competition Economics, Energy, Intellectual Property, and Labor & Employment practices posted double-digit revenue growth

* GEOGRAPHIC CONTRIBUTION - Both North American and international operations contributed to revenue growth, increasing 9.4% and 7.0% respectively

* UTILIZATION - Utilization rate was 76% despite a 3.2% decrease in headcount

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $186.90 $180.30

Revenue mln mln (3

Analysts

)

Q2 Beat $1.88 $1.84 (3

Adjusted Analysts

EPS )

Q2 EPS $1.79

Q2 $12.70

Adjusted mln

Net

Income

Q2 Net $12.10

Income mln

Q2 $23.30

Adjusted mln

EBITDA

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)