CRA(US:CRAI)2023-05-04 20:03Financial Performance - CRA's revenue for Q1 2023 was $153 million[12], compared to $1484 million in Q1 2022[65] - Fiscal 2023 Q1 YTD revenue grew by 3%, or 5% on a constant currency basis[10] - EPS Growth for Fiscal 2023 Q1 YTD was -15%, or -9% on a constant currency basis[10] - The company repurchased shares at an average price of $11376 per share for $21 million in Fiscal 2023 Q1 YTD[10] - Cash dividends of $3 million were paid in Fiscal 2023 Q1 YTD[10] - Non-GAAP EBITDA margin for Q1 2023 was 109%[68] Capital Allocation - From fiscal years 2018-2022, CRA's revenue increased by 60%, or more than $220 million[16] - Capital allocation from FY2018-2022 was 44% to talent ($180 million), 42% to shareholders ($170 million), and 14% to capital expenditures ($56 million)[36] - During 2018-2022, CRA repurchased 22 million shares at an average cost of $6053 per share, reducing net shares outstanding by 14%[40] - Shareholder distributions from 2018-2022 included $132 million in share repurchases and $38 million in dividend payments[83] Market and Strategy - CRA has worked with 97 of the top 100 law firms[8] - The company aims to return half of its adjusted net cash flows from operations to shareholders[29]