earnings
confidence high
sentiment positive
materiality 0.80
CRA Q3 revenue up 8.8% to $148.4M; raises FY22 revenue & margin guidance; increases dividend 16%
CRA INTERNATIONAL, INC.
- Q3 revenue $148.4M (+8.8% YoY); GAAP EPS $1.63; non-GAAP EPS $1.64; non-GAAP EBITDA margin 13.2%.
- Raises FY22 revenue guidance to $600M-$608M (from $585M-$605M) and non-GAAP EBITDA margin to 12.5%-13.0% (from 11.3%-12.0%).
- Increases quarterly dividend 16% to $0.36/share, payable Dec 9 to shareholders of record Nov 29.
- Seven of eleven practices grew YoY; North America revenue up >10%; international flat but +16% constant currency.
- Board also authorized $5.0M in share repurchases during Q3, buying ~52,000 shares.