---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-003504"
form_type: "8-K"
ticker: "CRD-A"
cik: "0000025475"
company_name: "CRAWFORD & CO"
filed_at: "2021-11-08T23:59:59+00:00"
generated_at: "2026-06-28T11:46:19.167726+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-21-003504
- form_type: 8-K
- ticker: CRD-A
- cik: 0000025475
- company_name: CRAWFORD & CO
- filed_at: 2021-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25475/000095017021003504/0000950170-21-003504-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25475/000095017021003504/crda-20211108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-003504
- JSON: https://secwatch.observer/filing/0000950170-21-003504.json
- Plain text: https://secwatch.observer/filing/0000950170-21-003504.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.