Charles River Associates achieved record quarterly revenue of $186.9 million, a 9.0% year-over-year increase, with strong performance across multiple practices and geographies. Net income significantly increased by 85.4% to $12.1 million, and non-GAAP net income saw a slight increase to $12.7 million. The company also increased its full-year fiscal 2025 revenue guidance and raised the lower end of its profit guidance.
Record quarterly revenue of $186.9 million, marking a 9.0% year-over-year growth.
Net income surged by 85.4% to $12.1 million, while non-GAAP net income increased by 0.2% to $12.7 million.
Diluted EPS grew by 90.4% to $1.79, and non-GAAP diluted EPS increased by 2.7% to $1.88.
Company raised its full-year fiscal 2025 revenue guidance and increased the lower end of its non-GAAP EBITDA margin guidance.
For full-year fiscal 2025, on a constant currency basis, CRA expects revenue in the range of $730 million to $745 million and non-GAAP EBITDA margin in the range of 12.3% to 13.0%. This is an increase from prior guidance.
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