Charles River Associates Reports Second-Quarter Fiscal 2004 Financial Results; Higher Consultant Utilization Drives 46 Percent Operating Income Growth.

Business WireJune 10, 2004

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Charles River Associates Reports Second-Quarter Fiscal 2004 Financial Results; Higher Consultant Utilization Drives 46 Percent Operating Income Growth.

Business Editors

BOSTON--(BUSINESS WIRE)--June 10, 2004

Charles River Associates Incorporated (Nasdaq: CRAI), an internationally known leader in providing economic, financial and management consulting services, today reported financial results for the second quarter of fiscal 2004, ended May 14, 2004.

Revenue increased 13.5 percent to $45.7 million from $40.2 million for the second quarter of fiscal 2003. Second-quarter fiscal 2004 revenue includes approximately $2 million in revenue from InteCap, reflecting th...

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