CRA International, Inc. (NASDAQ:CRAI) Q3 2023 Earnings Call Transcript

Paul Maleh: Yeah, I’m hesitating, because part of the reason that, I – we had the Q3 results that we did, part of the reason of the lower guidance is because there’s just more uncertainty right now. I thought Q2 was a step forward, back towards the mean that CRA has grown accustomed to. Then all of a sudden I have Q3, which is a downward shock on that volatility trend. So I am a bit uncertain. I don’t believe there’s anything broader in our marketplace to suggest that we are entering a new mean, but exactly when we return to sort of business as usual is a bit uncertain right now. So we’re just trying to be very aggressive in our pursuit of opportunities, in the way we deliver the engagements, and the rest should take care of itself with the passage of time.

Marc Riddick : I appreciate it. Thank you very much, Paul.

Paul Maleh: Thank you, Mark.

Operator: At this time, we have reached the end of the Q&A session. And I will now turn the conference back over to Mr. Maleh for any closing or additional remarks.

Paul Maleh: Again, thanks to everyone for joining us today. We appreciate your time and interest in CRA. We look forward to seeing you at our upcoming Investor Day and providing an update on our progress on our fourth quarter call early next year. With that, that concludes today’s call. Thank you, everybody.

Operator: And that concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.