earnings
confidence high
sentiment positive
materiality 0.75
CRA posts record Q1 revenue of $148.4M; EPS rises 13.4% to $1.52; reaffirms FY2022 guidance
CRA INTERNATIONAL, INC.
- Revenue $148.4M (+1.3% YoY), record quarterly revenue; utilization 74%.
- GAAP net income $11.4M ($1.52 diluted EPS); non-GAAP EPS $1.53.
- Non-GAAP EBITDA $18.9M (12.7% of revenue), up 6.2% YoY.
- FY2022 guidance reaffirmed: revenue $585M–$605M, EBITDA margin 10.8%–11.5% (constant currency basis).
- Declared $0.31/share dividend, payable June 10, 2022; repurchased $5.0M shares in Q1.