Earnings flat at CRA
June 7, 2007 09:53 AM
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CRA International Inc., a financial and management consulting agency, said today that fiscal second-quarter earnings were flat despite higher sales, as a tax provision and higher recruiting fees kept profits in check.
Net income came in at $6.7 million, or 53 cents per share, in the quarter ended May 11. A year ago, earnings were $6.7 million, or 55 cents per share. The higher per-share figure reflects fewer shares outstanding.
The result in the most recent quarter included a tax provision of $1.4 million, or 11 cents per share.
Revenue rose 5 percent to $88.3 million from $84 million last year.
(AP)






