CRA International Inc (CRAI) saw its stock price soar by 5.01% in Thursday's trading session following the release of its strong second-quarter results and an increase in its full-year revenue guidance. The consulting firm's performance exceeded analyst expectations, demonstrating resilience in a challenging economic environment.

For the quarter ended June 30, CRA International reported adjusted earnings per share of $1.88, surpassing the consensus estimate of $1.84 and showing growth from $1.83 in the same quarter last year. The company's revenue for Q2 reached $186.9 million, marking a 9% year-over-year increase and beating analyst projections of $180.34 million. This robust performance was driven by double-digit revenue growth in several key practice areas, including Antitrust & Competition Economics, Energy, Intellectual Property, and Labor & Employment.

In light of its strong first-half performance, CRA International raised its full-year fiscal 2025 revenue guidance to a range of $730 million to $745 million, up from the previous forecast of $715 million to $735 million. The company maintained its non-GAAP EBITDA margin guidance at 12.3% to 13.0%. This upward revision in revenue expectations, coupled with the impressive Q2 results, has bolstered investor confidence in the company's growth trajectory, contributing to the significant stock price increase.