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Mar 28, 2020
CRA Q1 2020 Earnings Report
Charles River Associates (CRA) reported financial results for the first quarter of 2020, with revenue growth driven by broad-based contributions across services.
Key Takeaways
Charles River Associates reported the highest quarterly revenue in its history, increasing 19.2% year over year to $126.2 million. This growth was fueled by a 16.3% increase in headcount across practices and geographies.
CRA reported the highest quarterly revenue in its history, reaching $126.2 million, a 19.2% increase year over year.
Headcount grew by 16.3% year over year across all practices and geographies.
Double-digit revenue growth was achieved in Energy, Finance, Forensic Services, Labor & Employment, and Life Sciences practices.
Revenue grew 21.4% in North America and 10.7% in Europe year over year.
Forward Guidance
CRA withdrew its previously issued guidance for fiscal 2020 due to the challenges and uncertainties associated with the COVID-19 pandemic.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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