Charles River Associates (NASDAQ: CRAI) reported Q4 EPS of $1.14, $0.09 better than the analyst estimate of $1.05. Revenue for the quarter came in at $134.8 million versus the consensus estimate of $138.04 million.

Management Commentary and Financial Guidance:

“The hard work of my colleagues and their dedication to client service drove our success in fiscal 2021,” said Maleh. “Recapping our record financial performance, CRA reported revenue for fiscal 2021 of $565.9 million, or $559.5 million on a constant currency basis after adjusting for $6.4 million of currency tailwinds. Full-year, non-GAAP EBITDA was $68.4 million, or $67.7 million on a constant currency basis after adjusting for $0.7 million of currency tailwinds. Non-GAAP EBITDA margin was unchanged on a constant currency basis at 12.1%.”

“Our fiscal 2021 financial performance demonstrates our continued strength in the marketplace. We will look to build on our trend of broad-based, profitable growth in the years ahead,” continued Maleh. “For full-year fiscal 2022, on a constant currency basis relative to fiscal 2021, we expect revenue in the range of $585 million to $605 million, and non-GAAP EBITDA margin in the range of 10.8% to 11.5%. While we are pleased with CRA’s strong performance in 2021, we remain mindful that uncertain global macroeconomic, business, public health, and political conditions can affect our business.”

For earnings history and earnings-related data on Charles River Associates (CRAI) click here.