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  • May 2, 2024

      Show headlines and story abstract
    • 8:09AM ET on Thursday May 02, 2024 by Dow Jones
      Companies Mentioned: CRAI

      Charles River Associates (CRA) Declares Quarterly Cash Dividend of $0.42 Per Common Share
      BOSTON--(BUSINESS WIRE)--May 02, 2024--
      Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial and management consulting services, today announced that its Board of Directors has declared a quarterly cash dividend of $0.42 per common share to be paid on June 14, 2024 to shareholders of record of CRA's common stock as of the close of business on May 28, 2024. The Company expects to continue paying quarterly dividends, the declaration, timing and amounts of which remain subject to the discretion of CRA's Board of Directors.
    • 8:06AM ET on Thursday May 02, 2024 by MT Newswires
      Companies Mentioned: CRAI
      08:06 AM EDT, 05/02/2024 (MT Newswires) -- ...
    • 8:05AM ET on Thursday May 02, 2024 by Dow Jones
      Companies Mentioned: CRAI
      Total liabilities and shareholders' equity $ 552,542 $ 553,211 ======= ========== CRA INTERNATIONAL, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (IN THOUSANDS) Fiscal Quarter Ended -------------------------- March 30, April 1, 2024 2023 ------------- ----------- Operating activities: Net income $ 13,691 $ 8,918 Adjustments to reconcile net income to net cash used in operating activities: Non-cash items, net 7,694 7,197 Accounts receivable and unbilled services (11,094) (1,353) Working capital items, net (73,371) (84,813) -------- ------- Net cash used in operating activities (63,080) (70,051) Investing activities: Purchases of property and equipment, net (730) (562) Consideration paid for acquisition, net - (570) -------- ------- Net cash used in investing activities (730) (1,132) Financing activities: Borrowings under revolving line of credit 70,000 105,000 Repayments under revolving line of credit - (5,000) Tax withholding payments reimbursed by shares (1,631) (1,873) Cash dividends paid (3,075) (2,702) Repurchase of common stock (9,242) (20,577) -------- ------- Net cash provided by financing activities 56,052 74,848 Effect of foreign exchange rates on cash and cash equivalents (706) 407 -------- ------- Net increase (decrease) in cash and cash equivalents (8,464) 4,072 Cash and cash equivalents at beginning of period 45,586 31,447 -------- ------- Cash and cash equivalents at end of period $ 37,122 $ 35,519 ======== ======= Noncash investing and financing activities: Increase in accounts payable and accrued expenses for property and equipment $ 454 $ 23 ======== ======= Excise tax on share repurchases $ (65) $ (173) ======== ======= Right-of-use assets obtained in exchange for lease obligations $ 1,955 $ - ======== ======= Supplemental cash flow information: Cash paid for taxes $ 1,534 $ 1,081 ======== ======= Cash paid for interest $ 91 $ 124 ======== ======= Cash paid for amounts included in operating lease liabilities $ 5,569 $ 5,474 ======== =======
    • 8:05AM ET on Thursday May 02, 2024 by Dow Jones
      Companies Mentioned: CRAI
    • 8:05AM ET on Thursday May 02, 2024 by Business Wire
      Companies Mentioned: CRAI

      Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial and management consulting services, today announced financial results for the fiscal first quarter ended March 30, 2024.

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