CRA INTERNATIONAL Reports Positive Financials for Q2 of Fiscal Year 2023

August 18, 2023

☀️Earnings Overview

CRA INTERNATIONAL ($NASDAQ:CRAI) reported total revenue of USD 162.0 million for the second quarter of fiscal year 2023, ending on June 30th 2023, which was an 8.6% increase from the same quarter one year prior. However, their net income was USD 9.5 million, a decrease of 18.3% year over year.

Price History

CRA INTERNATIONAL reported positive financials for Q2 of Fiscal Year 2023 on Thursday. The stock opened at $101.4 and closed at $105.7, up 3.0% from the previous closing price of 102.7. This was a strong performance for the company, as it showed growth from the previous quarter. This growth is attributed to strong performance in their core business, as well as continued cost control and the successful implementation of new initiatives. This growth was also driven by an increase in demand for CRA International’s services from new and existing clients. CRA International’s strong financials for Q2 were also driven by their focus on innovation and technology, which helped them expand into new markets and develop new products and services.

Additionally, their focus on managing costs and improving efficiency helped them maximize profitability. The strong performance of their stock on Thursday was an indication that investors are confident in their prospects and strategy. This gives the company a great foundation to build upon as they continue to innovate and expand into new markets. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Cra International. More…

    Total Revenues Net Income Net Margin
    608.23 38.84 6.6%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Cra International. More…

    Operations Investing Financing
    38.95 -7.76 -31.87
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Cra International. More…

    Total Assets Total Liabilities Book Value Per Share
    551.06 348.27 28.96
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Cra International are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    7.9% 23.6% 9.3%
    FCF Margin ROE ROA
    5.9% 17.7% 6.4%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we have done a thorough analysis of CRA INTERNATIONAL‘s financials and have assigned a medium risk rating to this investment. We have noticed a few indicators that might pose a potential risk in non-financial terms, so we recommend that you register with us to find out more. In terms of financials, CRA INTERNATIONAL appears to be healthy. We have looked into their cash flows, debt levels, and liquidity to arrive at this assessment. However, we have detected one risk warning in the non-financial aspects of the company. We advise investing with caution and urge you to check out our site for more information on this. It is our priority to protect your investments and ensure that they are safe and sound. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    Its competitors are RTC Group PLC, Ince Group PLC, and Staffing 360 Solutions Inc.

    – RTC Group PLC ($LSE:RTC)

    RTC Group PLC is a publicly traded company that provides telecommunications and other services. As of 2022, the company had a market capitalization of 2.64 million pounds and a return on equity of -2.66%. The company offers a variety of services, including mobile phone service, fixed-line telephone service, broadband internet service, and television service. RTC Group PLC is headquartered in the United Kingdom.

    – Ince Group PLC ($LSE:INCE)

    Ince Group PLC is a provider of legal services. The company has a market capitalization of 14.4 million as of 2022 and a return on equity of 6.16%. Ince Group PLC provides services in the areas of corporate, commercial, dispute resolution, and shipping. The company was founded in 1782 and is headquartered in London, the United Kingdom.

    – Staffing 360 Solutions Inc ($NASDAQ:STAF)

    Staffing 360 Solutions Inc is a publicly traded company with a market cap of 6.18M as of 2022. The company is in the business of providing staffing and recruiting services. The company has a Return on Equity of 2.48%.


    Investors in CRA International were likely pleased with the company’s second quarter fiscal year 2023 financials, which saw total revenue increase by 8.6%. However, net income decreased by 18.3% compared to the same quarter last year. Despite this short-term setback, the stock price moved up on the day of the release, indicating that investors believe in CRA’s future prospects. Looking forward, investors should take into account the factors that drove the revenue and income changes to gain a better understanding of how CRA will perform in the next quarter.

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