Charles River Associates Q4 Sales Up 11.6% to $197M; $0.57 Dividend Declared
Charles River Associates reported Q4 sales of $197 million, up 11.6% year-on-year and 3.4% above analyst estimates, with adjusted EBITDA of $24.35 million (12.4% margin) and adjusted EPS of $2.06. The board also declared a quarterly cash dividend of $0.57 per share payable March 20 to holders of record March 10.
1. Q4 Results Exceed Expectations
CRA International delivered $197 million in Q4 revenue, exceeding consensus of $190.5 million by 3.4% and marking 11.6% year-on-year growth. Adjusted EBITDA came in at $24.35 million (12.4% margin) and adjusted EPS was $2.06, effectively matching street forecasts.
2. Full-Year Revenue Guidance Tops Estimates
For fiscal 2025, CRAI set midpoint revenue guidance at $795 million, 2.9% above analysts’ projections and representing the eighth consecutive year of record annual sales. Management cited continued strong demand in economic and financial consulting services as the driver.
3. Quarterly Dividend Announcement
The board approved a quarterly cash dividend of $0.57 per share, payable on March 20, 2026, to shareholders of record as of March 10. This maintains CRAI’s steady payout policy and underscores its free cash flow generation capacity.