Loading...
•
Jan 02, 2021
CRA Q4 2020 Earnings Report
Charles River Associates reported strong Q4 2020 financial results, capping a record year with growth across all practices.
Key Takeaways
Charles River Associates (CRA) reported a 15.2% increase in revenue for the fourth quarter of 2020, reaching $137.4 million. Net income increased by 40.8% to $6.7 million, and earnings per diluted share rose by 44.1% to $0.85. The company experienced strong demand across its services and geographies, with double-digit revenue growth in both North America and international operations.
Revenue grew 15.2% year over year to $137.4 million.
Net income increased 40.8% year over year to $6.7 million, or 4.9% of revenue.
Earnings per diluted share increased 44.1% year over year to $0.85.
Non-GAAP EBITDA increased 24.1% to $14.0 million, or 10.2% of revenue.
Forward Guidance
For the full-year fiscal 2021, on a constant currency basis relative to fiscal 2020, CRA expects revenue in the range of $530 million to $550 million, and non-GAAP EBITDA margin in the range of 9.5% to 10.2%.
Challenges Ahead
- Uncertainties around global economic conditions.
- Uncertainties around business conditions.
- Uncertainties around health conditions.
- Uncertainties around political conditions.
- These uncertainties can affect our business.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...