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Charles River Associates, the registered trade name of CRA International, Inc. (NASDAQ: CRAI), regularly issues news and updates that reflect its role as a global consulting firm specializing in economic, financial, and management consulting services. This news page aggregates announcements that describe how CRA advises on economic and financial matters in litigation and regulatory proceedings and supports corporations with business strategy and performance-related issues.
Investors and observers can use this feed to follow earnings announcements, dividend declarations, and conference participation. Recent press releases have covered quarterly financial results, changes to the company’s quarterly cash dividend, and details of webcasts and conference calls hosted by CRA’s leadership team. The company also reports on its participation in investor conferences such as events organized by UBS, Noble Capital Markets, and Sidoti.
CRA’s news flow also highlights developments in its specialized practices. Announcements have described the strengthening of the Forensic Services Practice, which focuses on cybercrime, digital forensics, forensic accounting, and eDiscovery matters, and the Antitrust & Competition Economics Practice, whose economists provide economic analysis and testimony in competition matters around the world. Additional releases discuss the expansion of the Risk, Investigations & Analytics Practice and the activities of the Energy Practice, including serving as RFP Manager for a Renewable Energy Credits Request for Proposal for FirstEnergy’s Ohio utilities.
By reviewing the CRAI news page on Stock Titan, readers can track how CRA International, Inc. communicates about its financial performance, practice-area growth, risk and investigations work, antitrust and competition economics expertise, and energy-sector engagements. This context can help users understand the types of matters the firm handles and how its consulting capabilities evolve over time.
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Charles River Associates (NASDAQ: CRAI) announced its participation in the 13th Annual Midwest IDEAS Investor Conference on August 24, 2022, at the Gwen Hotel in Chicago. Chief Corporate Development Officer Chad Holmes will present at 9:30 a.m. CT (10:30 a.m. ET), followed by one-on-one meetings with investors. An audio replay of the presentation will be available on the company’s investor relations website about one hour after the event concludes. CRA specializes in economic, financial, and management consulting services.
Charles River Associates (NASDAQ: CRAI) reported record quarterly revenue of $149.1 million for Q2 FY2022, a 0.6% year-over-year increase. Net income rose to $11.6 million, while earnings per diluted share increased by 2.6% to $1.57. The company reaffirmed its revenue guidance for FY2022 between $585 million to $605 million and raised EBITDA guidance, now expecting an EBITDA margin of 11.3% to 12.0%. CRA returned $20 million to shareholders through dividends and share repurchases.
Charles River Associates (NASDAQ: CRAI) has declared a quarterly cash dividend of $0.31 per common share, to be paid on September 9, 2022. Shareholders of record as of August 30, 2022 will receive this dividend. CRAI has expressed intentions to maintain quarterly dividends, although future declarations are subject to board discretion. This announcement reflects CRA's ongoing commitment to returning value to its shareholders.
CRA International, Inc. (NASDAQ: CRAI) announced the launch of GDT Pulse Auctions, with the first auction scheduled for August 9, 2022. This initiative aims to enhance price discovery in the dairy industry, complementing the existing GDT Trading Events managed by CRA since 2008. The pilot program will feature Fonterra Whole Milk Powder for bidding, with auctions occurring bi-weekly. If successful, CRA anticipates future upgrades for increased frequency and scalability. These auctions will utilize CRA’s Trading System for Efficient Markets (TSEM) for optimal bidding experiences.
Charles River Associates (NASDAQ: CRAI) announced the appointment of Patricia Thomas as a Vice President in its Forensic Services Practice. With 15 years of expertise, Thomas specializes in compliance, investigations, and litigation support across more than 25 countries. She has previously collaborated with key government agencies such as the Department of Justice and the FDIC. CRA's leadership expressed enthusiasm about her joining to enhance their investigative services aimed at clients' complex needs, particularly in compliance risk.
Charles River Associates (NASDAQ: CRAI) announced the appointment of Dr. Alva H. Taylor to its Board of Directors, effective August 1, 2022. Dr. Taylor, a professor at the Tuck School of Business, brings expertise in digital strategy and change management. His role includes serving on the Audit and Nominating and Corporate Governance Committees. Concurrently, Nancy Hawthorne has stepped down from the Board to focus on personal commitments. The leadership change follows a period of profitable growth for the consulting firm, indicating a strategic move towards continued success.
Charles River Associates (CRAI) announced that it will host a webcast for its second-quarter 2022 financial results on August 4, 2022, at 10:00 a.m. ET. The call will feature insights from CEO Paul Maleh, CFO Daniel Mahoney, and Chief Corporate Development Officer Chad Holmes. Investors can access the live webcast on CRA's Investor Relations page. Pre-call materials, including a press release and supplemental financial information, will be available online. An archived version of the event will be accessible for one year.
Charles River Associates (CRAI) has launched its innovative Healthcare Claims Analytics Platform (HCAP) at the World Orphan Drug Congress USA 2022 in Boston. This new modular analytics tool aims to enhance decision-making for clients by analyzing patient, healthcare practitioner, and healthcare organization data. Developed over 18 months by CRA's Life Sciences Practice, HCAP supports advanced analytics, clinical trial strategies, and market insights. CRA's commitment to innovation is evident in this launch, designed to meet the needs of biotech and pharmaceutical firms globally.
Charles River Associates (NASDAQ: CRAI) will participate in the 12th Annual East Coast IDEAS Investor Conference Virtual Event on June 22, 2022. The company’s leadership, including CEO Paul Maleh, CFO Daniel Mahoney, and Chief Corporate Development Officer Chad Holmes, will engage in virtual one-on-one meetings with investors. CRA specializes in economic, financial, and management consulting services, providing solutions for complex business and regulatory challenges. More information is available at www.crai.com.