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BOSTON - Charles River Associates (NASDAQ: CRAI), a global consulting firm with a market capitalization of $1.29 billion and strong financial health according to InvestingPro analysis, announced the appointment of Graham Ross as Vice President and Global Chief Marketing Officer. Ross, who has over two decades of experience in professional services marketing, will operate from the company’s Toronto office.
Ross brings a background in legal sector marketing to CRA, having previously served as Chief Client Officer at Borden Ladner Gervais LLP. There, he was noted for his role in expanding the firm’s digital infrastructure and client relationship management systems. His tenure at Torys LLP as director of marketing and business development also bolsters his profile.
CRA’s President and CEO, Paul Maleh, expressed enthusiasm about Ross’s appointment, citing his analytical and data-driven marketing strategies as assets that will contribute to the company’s growth and client relations. The company has demonstrated solid performance, with 8.49% revenue growth in the last twelve months and a consistent track record of raising dividends for nine consecutive years.
Founded in 1965, Charles River Associates provides expertise in economic, financial, and management consulting, assisting clients with litigation, regulatory proceedings, and business strategy. The firm emphasizes its combination of functional expertise and industry knowledge to address complex issues.
The press release also includes forward-looking statements regarding Ross’s potential impact on business growth and client relationships. These statements are subject to uncertainties, and actual results may vary. Charles River Associates has stated it does not intend to update any forward-looking statements post-release. Currently trading at a P/E ratio of 22.51, the company appears to be near its Fair Value based on InvestingPro analysis, which offers comprehensive insights through its detailed Pro Research Report, available along with 7 additional ProTips for subscribers.
This announcement is based on a press release statement from Charles River Associates.
In other recent news, Charles River Associates (CRA) reported impressive financial results for the first quarter of 2025, with earnings exceeding analysts’ expectations. The company achieved earnings per share of $2.22, surpassing the projected $1.95, while revenue reached a record $181.9 million, above the anticipated $177.13 million. CRA reaffirmed its full-year guidance, projecting revenue between $715 million and $725 million. The company also expects a non-GAAP EBITDA margin of 12-13%. CRA’s strong performance was attributed to increased revenue and improved operational efficiency, despite a 5% decrease in consultant headcount. The company’s consulting utilization improved to 76%, demonstrating efficient resource management. Additionally, CRA’s antitrust and competition economics practice posted a new high for quarterly revenue, reflecting continued demand for antitrust services. The firm William Blair noted the company’s positive trajectory, particularly in the life sciences sector, which shows promising expansion.
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