Business

mass. mover

Consultancy turns year-ago loss into profit

CRA is a consultant to law and accounting firms, businesses, and government. Last year, it helped Office Depot and OfficeMax win antitrust clearance for their merger.
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CRA is a consultant to law and accounting firms, businesses, and government. Last year, it helped Office Depot and OfficeMax win antitrust clearance for their merger.

Charles River Associates’ quarterly revenue rose to $75.7 million, compared with $67.5 million a year earlier, while net income was $3.7 million, or 37 cents per diluted share, versus a net loss a year earlier of $53.5 million, or $5.33 per share. CRA also said its board of directors authorized an expanded share-repurchase program of up to $15 million of CRA International Inc. common stock, in addition to the $1.4 million remaining under its existing program.

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