secwatch.observer — SEC 8-K summary
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Issuer:     CRAWFORD & CO (CRD-A)
CIK:        0000025475
Form:       8-K
Filed at:   2022-03-14T23:59:59+00:00
Accession:  0000950170-22-003593
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crawford Q4 rev $292.9M (+14% YoY); GAAP EPS $0.03 vs $0.18; net income $1.7M
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- Q4 revenues before reimbursements $292.9M (+14% YoY); net income attributable to shareholders $1.7M (down from $9.4M).
- GAAP diluted EPS $0.03 per share (both classes); non-GAAP adjusted EBITDA fell to $17.6M from $27.5M.
- Full-year 2021 revenue $1.102B (+12%); net income $30.7M vs $28.3M; adjusted EBITDA $98.3M vs $104.8M.
- Loss Adjusting segment Q4 op. earnings $4.9M (4.0% margin) vs $16.3M (14.6%); Platform Solutions improved, TPA declined.
- Board authorized addition of 5M shares to repurchase program; segment realignment to geography-based structure effective Jan 1, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25475/000095017022003593/0000950170-22-003593-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25475/000095017022003593/crda-20220314.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-003593

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