---
schema_version: "secwatch.filing_event.v1"
accession: "0001053706-23-000019"
form_type: "8-K"
ticker: "CRAI"
cik: "0001053706"
company_name: "CRA INTERNATIONAL, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:04:10.800097+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CRA posts record Q2 revenue of $162M, raises FY2023 guidance

## Summary
- Revenue $162.0M (+8.6% YoY); GAAP EPS $1.34 (-14.6% YoY); non-GAAP EPS $1.42 (+2.2% YoY).
- Non-GAAP EBITDA $18.8M (+3.9% YoY); margin 11.6% vs 12.1% prior year.
- FY2023 guidance raised: revenue $625M-$640M (prior $615M-$640M), EBITDA margin 11.0%-11.7%.
- Utilization 72% (down from 77%); headcount up 12.5% to 971.
- Quarterly dividend maintained at $0.36/share, payable Sept 8, record Aug 29.

## SEC filing metadata
- accession: 0001053706-23-000019
- form_type: 8-K
- ticker: CRAI
- cik: 0001053706
- company_name: CRA INTERNATIONAL, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1053706/000105370623000019/0001053706-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1053706/000105370623000019/crai-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001053706-23-000019
- JSON: https://secwatch.observer/filing/0001053706-23-000019.json
- Plain text: https://secwatch.observer/filing/0001053706-23-000019.txt

## Key facts
- Earnings Releases
  CRA INTERNATIONAL, INC. reported full-year fiscal 2023 results: revenue $625.0 million to $640.0 million. Guidance raised.
  - Period: full-year fiscal 2023
  - Revenue: $625.0 million to $640.0 million
  - Guidance: raised
  - Result: guidance update
  source text: For full-year fiscal 2023, on a constant currency basis relative to fiscal 2022, we expect revenue in the range of $625.0 million to $640.0 million and non-GAAP EBITDA margin in the range of 11.0% to 11.7%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1053706/000105370623000019/0001053706-23-000019-index.htm
- Earnings Releases
  CRA INTERNATIONAL, INC. reported fiscal quarter ended July 1, 2023 results: revenue $162.0 million, net income $9.5 million, EPS $1.34. Guidance raised.
  - Period: fiscal quarter ended July 1, 2023
  - Revenue: $162.0 million
  - Net income: $9.5 million
  - EPS: $1.34
  - Guidance: raised
  - Result: reported results
  source text: announced financial results for the fiscal second quarter ended July 1, 2023. “Building on a strong start to the year, CRA delivered revenue growth of 8.6% year over year to $162.0 million, representing the highest quarterly revenue in the company’s history,” said Paul Maleh , CRA’s President and Chief Executive Officer. “This performance was driven by broad-based
  evidence_url: https://www.sec.gov/Archives/edgar/data/1053706/000105370623000019/0001053706-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.