Charles River Associates (CRA) Reports Financial Results for the Second Quarter of 2020
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CRA International (CRAI) Tops Q2 EPS by 26c, Revenues Beat
July 30, 2020 8:17 AM EDTCRA International (NASDAQ: CRAI) reported Q2 EPS of $0.80, $0.26 better than the analyst estimate of $0.54. Revenue for the quarter came in at $123 million versus the consensus estimate of $111.43 million.
Key Second-Quarter Fiscal 2020 Highlights
Revenue grew 11.3% year over year to $123.0 million.Utilization was 66%, while quarter-end headcount was relatively unchanged compared with the first quarter of 2020 and increased 20.8% year over year.Net income increased 6.3% year over year to $5.9 million, or 4.8% of revenue, compared with $5.6 million, or 5.0% of revenue, in the second quarter of fiscal 2019; non-GAAP net income increased 4.7% year over year to $6.3... More