CRAI International's Earnings and Revenues Surpass Estimates in Q2

Group 1: CRA International, Inc. (CRAI) Q2 2025 Results - CRAI reported adjusted EPS of $1.88, exceeding the Zacks Consensus Estimate by 2.7% and reflecting a year-over-year increase of 2.7% [1][9] - Revenues reached $186.9 million, surpassing the consensus mark by 4% and showing a 9% increase from the previous year [1][9] - The company achieved a utilization rate of 76%, despite a 3.2% decrease in headcount year-over-year [2] Group 2: Financial Metrics - Non-GAAP EBITDA rose 4.4% year-over-year to $23.3 million, with the non-GAAP EBITDA margin improving by 60 basis points to 12.4% [2][9] - CRAI ended Q2 with cash and cash equivalents of $19.5 million, down from $26.7 million at the end of Q4 2024, while generating $74 million from operating activities [3] Group 3: 2025 Outlook - CRAI raised its 2025 constant-currency revenue guidance to a range of $730 million to $745 million, compared to the previous range of $715 million to $735 million [4] - The Zacks Consensus Estimate for 2025 revenue is $723.2 million, with an expected non-GAAP EBITDA margin of 12.3% to 13% [4]