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CRA calculates constant currency amounts by converting its applicable fiscal period local currency financial results using the prior fiscal year’s corresponding period exchange rates.
CRA has presented in this press release its GAAP and non-GAAP revenue, net income, earnings per diluted share, and Adjusted EBITDA for the second quarter of fiscal 2017 on a constant currency basis relative to the second quarter of fiscal 2016, and its guidance for full-year fiscal 2017 non-GAAP revenue and Adjusted EBITDA margin on a constant currency basis relative to fiscal 2016.
CRA does not provide reconciliations of its annual non-GAAP revenue and Adjusted EBITDA margin guidance to the GAAP comparable financial measures because CRA is unable to estimate with reasonable certainty the financial results of its former Neu Co subsidiary, now known as GNU123 Liquidating Corporation (“GNU”), the timing and amount of forgivable loans issued for talent acquisition, share-based compensation expense, unusual gains or charges, foreign exchange rates, and the resulting effect of these items on CRA’s taxes without unreasonable effort.
These items are uncertain, depend on various factors, and may have a material effect on CRA’s results computed in accordance with GAAP.
ET to discuss its second-quarter 2017 financial results.
These remarks are offered to provide the investment community with additional background on CRA’s financial results prior to the start of the conference call.
Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at com.
Follow us on Linked In, Twitter, and Facebook." data-reactid="39"Charles River Associates® is a global consulting firm specializing in economic, financial, and management consulting services.
“For the second quarter of fiscal 2017, we increased non-GAAP revenue by 13.4% to .6 million and delivered non-GAAP Adjusted EBITDA margin of 16.4%.”" data-reactid="22"“Our results reflect continued strength across our portfolio and the successful execution of our strategy to generate broad-based, profitable growth,” said Paul Maleh, CRA’s President and Chief Executive Officer.
“For the second quarter of fiscal 2017, we increased non-GAAP revenue by 13.4% to .6 million and delivered non-GAAP Adjusted EBITDA margin of 16.4%.”“Our performance was driven by double-digit revenue growth year over year in our Energy, Forensic Services, Life Sciences and Marakon Practices, as well as solid contributions by our Antitrust & Competition Economics practice,” Maleh said.Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at com. NON-GAAP FINANCIAL MEASURES" data-reactid="40"NON-GAAP FINANCIAL MEASURESIn addition to reporting its financial results in accordance with U. generally accepted accounting principles, or GAAP, CRA has also provided in this release non-GAAP financial information.