Welcome to our dedicated page for CRA International news (Ticker: CRAI), a resource for investors and traders seeking the latest updates and insights on CRA International stock.
CRA International, Inc. (CRAI), also known as Charles River Associates, is a prominent global consulting firm headquartered in Boston, Massachusetts. Established in 1965, CRA specializes in litigation, regulatory, financial, and management consulting. The firm is renowned for providing rigorous economic and financial analysis in various legal and regulatory proceedings, guiding businesses through critical strategic and operational challenges.
CRA's diverse client base includes domestic and international companies, government agencies, public and private utilities, as well as national and international trade associations. With deep expertise in numerous industries, CRA delivers objective and well-supported solutions to complex problems, tailored to each client's unique requirements.
CRA operates through a network of offices across the globe, which enables it to offer localized and specialized services. The company is committed to upholding the highest standards of professional integrity and excellence in all its endeavors.
In recent developments, CRA has undertaken notable projects that showcase its capabilities in providing insightful and actionable analysis. The company continues to expand its service offerings and enhance its methodologies to better serve its clients' evolving needs. Additionally, CRA actively pursues opportunities for strategic partnerships, further strengthening its market position.
Recent Achievements and Current Projects
- Successfully advised on prominent litigation cases involving complex financial disputes.
- Conducted comprehensive regulatory analysis to support policy development for government agencies.
- Implemented performance improvement strategies for leading companies across various sectors.
Financial Condition
CRA International generates the majority of its revenue from clients based in the United States, reflecting strong demand for its consultancy services in the domestic market. The company's consistent performance demonstrates its capability to deliver value and maintain financial stability.
CRA offers a dynamic career environment for professionals seeking to work at the forefront of economic and financial consulting. Those interested in exploring career opportunities can learn more by visiting CRA Careers.
Charles River Associates (CRAI) announced the addition of Jeffrey A. Garfield and Waqas Shahid as Vice Presidents in its Forensic Services Practice. Garfield brings nearly 20 years of experience in financial and fraud investigations, while Shahid is an expert in regulatory and compliance issues. The firm aims to bolster its capabilities to assist clients in detecting and responding to fraud and misconduct, leveraging expertise to provide scalable, data-driven solutions. CRA's Forensic Services Practice is recognized for its commitment to delivering high-quality service and deep insights, enhancing its position in the industry.
Charles River Associates (NASDAQ: CRAI) has announced the addition of Alexandra Knatchbull as a vice president in its Risk, Investigations & Analytics Practice, starting January 30, 2023. Knatchbull, an accomplished investigative professional with over 15 years of experience, will lead investigative efforts in Europe. Her background includes roles in dispute resolution, fraud investigations, and risk management. Paul Maleh, CRA's CEO, highlighted her expertise in complex legal and business challenges. The move is aimed at bolstering CRA's service capabilities in a competitive market.
Charles River Associates (NASDAQ: CRAI) announced its participation in the Sidoti Small-Cap Virtual Conference scheduled for December 7, 2022. Chairman and CEO Paul Maleh will present at 10:45 a.m. ET, with a live webcast available on the company's investor relations website. Additionally, CFO Daniel Mahoney and Chief Corporate Development Officer Chad Holmes will conduct one-on-one meetings with investors. CRA is renowned for its economic, financial, and management consulting services, serving clients globally since 1965.
Charles River Associates (NASDAQ: CRAI) announced its acquisition of bioStrategies Group, Inc. on November 29, 2022, expanding its Life Sciences Practice. The acquisition involves purchasing substantially all assets and retaining 17 employees, including notable figures Mike Kaestle and Chris Schneider as vice presidents. This move is expected to enhance CRA's capabilities in commercial strategy development for healthcare products. The leadership emphasized the synergies and expertise that the bioStrategies team will bring to address client needs.
Charles River Associates (NASDAQ: CRAI) announced the appointment of Professor Heather E. Tookes to its Board of Directors as an independent director, effective December 8, 2022. Professor Tookes, a finance professor at Yale School of Management and an expert in corporate finance, will serve on the Compensation and Nominating and Corporate Governance Committees. Chairman and CEO Paul Maleh expressed confidence in her ability to enhance shareholder value and strategic growth.
Charles River Associates (NASDAQ: CRAI) will present at the Southwest IDEAS Investor Conference on November 17, 2022, in Dallas, Texas. The company's President and CEO Paul Maleh is set to present at 7:20 a.m. CT / 8:20 a.m. ET. Additionally, CFO Daniel Mahoney and Chief Corporate Development Officer Chad Holmes will engage in one-on-one investor meetings. CRA specializes in economic, financial, and management consulting services, advising clients on vital economic and financial matters.
Charles River Associates (NASDAQ: CRAI) reported strong financial results for the fiscal third quarter ended October 1, 2022, achieving $148.4 million in revenue, an 8.8% year-over-year increase. Key areas of growth included double-digit revenue increases in five practices. Net income rose 8.5% to $11.9 million, while earnings per diluted share improved 13.2% to $1.63. The company raised its full-year revenue guidance to $600 million to $608 million and increased its quarterly dividend by 16% to $0.36. Despite this growth, management acknowledged potential uncertainties affecting future performance.
Charles River Associates (NASDAQ: CRAI) announced a 16% increase in its quarterly cash dividend from
FAQ
What is the current stock price of CRA International (CRAI)?
What is the market cap of CRA International (CRAI)?
What services does CRA International, Inc. provide?
Where is CRA International, Inc. headquartered?
Who are CRA International, Inc.'s typical clients?
When was CRA International, Inc. founded?
How does CRA International, Inc. generate revenue?
Does CRA International, Inc. have global operations?
What industries does CRA International, Inc. serve?
What recent projects has CRA International, Inc. undertaken?
How can one explore career opportunities at CRA International, Inc.?
What sets CRA International, Inc. apart from other consulting firms?
