Edition:
United Kingdom

CHARLES RIVER ASSOCIATES REPORTS Q3 GAAP EARNINGS PER SHARE $0.38


Thursday, 26 Oct 2017 

Oct 26 (Reuters) - CRA International Inc ::CHARLES RIVER ASSOCIATES (CRA) REPORTS RESULTS FOR THE THIRD QUARTER OF 2017.Q3 NON-GAAP EARNINGS PER SHARE $0.41.Q3 GAAP EARNINGS PER SHARE $0.38.Q3 REVENUE ROSE 11.8 PERCENT TO $91.3 MILLION.SEES FY 2017 REVENUE $360 MILLION TO $370 MILLION.‍CRA INCREASES QUARTERLY DIVIDEND BY 21%​.‍EXPECT TO BE IN UPPER HALF OF OUR FISCAL 2017 NON-GAAP REVENUE RANGE OF $360 MILLION TO $370 MILLION​.REAFFIRM 2017 GUIDANCE FOR NON-GAAP ADJUSTED EBITDA MARGIN IN RANGE OF 15.8% TO 16.6%​.ANNOUNCE EXTENSION OF ITS $125 MILLION REVOLVING CREDIT FACILITY FOR ANOTHER FIVE YEARS​.‍THIRD-QUARTER FISCAL 2017 UTILIZATION WAS 74 PERCENT AS QUARTER-END HEADCOUNT INCREASED BY 98, OR 18.1 PERCENT, YEAR OVER YEAR​.