Crawford Q3 revenue up 14% to $288.5M; EPS down YoY; announces acquisitions and $450M credit facility

CRAWFORD & CO

Revenue before reimbursements $288.5M (+14% YoY); net income $11.2M vs $24.4M; diluted EPS $0.20/$0.21 vs $0.46.
Loss Adjusting revenue $124M (+11.8%) but operating earnings fell to $7.1M from $14.1M; Platform Solutions op earnings up to $11.0M.
Acquired edjuster (Aug, $21M initial plus earnout), Praxis (Oct, $25.5M initial), BosBoon (Oct); $450M credit facility maturing 2026.
Board authorized up to 2M share repurchase through Dec 2023; 642k shares repurchased YTD for $6.1M.
Free cash flow -$0.58M for nine months vs +$33.7M; adjusted EBITDA $29.5M vs $35.1M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.