CRA International Reports Net Income of $9.5 Million for the Fiscal Quarter Ended July 1, 2023
Revenue Increases to $161.97 Million in Q2 2023 for CRA International, Inc.
CRA International, Inc. (CRAI), a leading global consulting firm , has released its unaudited condensed consolidated financial statements for the fiscal quarter ended July 1, 2023. The company reported net income of $9.5 million, reflecting a decline from the previous year's Q2 net income of $11.6 million. Despite this, the firm witnessed growth in revenue, with Q2 2023 revenue reaching $161.97 million, compared to $149.10 million in the same period last year.
In the following sections, we will delve into the financial details of CRA International, Inc., examining its revenues, net income, and other key financial metrics for the fiscal quarter and year-to-date period.
CRA International Reports Net Income of $9.5 Million for the Fiscal Quarter Ended July 1, 2023
During the fiscal quarter ended July 1, 2023, CRA International, Inc. recorded a net income of $9.5 million, showcasing a decrease from the net income of $11.6 million reported during the same period in 2022. Despite the challenges, the company managed to maintain profitability in a dynamic business environment.