secwatch.observer — SEC 8-K summary
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Issuer:     CRAWFORD & CO (CRD-A)
CIK:        0000025475
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0000950170-23-059427
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crawford & Company reports record Q3 revenue $325.6M, net income $12.3M vs loss year ago
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- Revenues before reimbursements $325.6M, up 10% YoY; GAAP diluted EPS $0.25 vs loss of $0.31.
- Non-GAAP diluted EPS $0.35 (CRD-A) / $0.36 (CRD-B) vs $0.15; adjusted EBITDA $38.6M, up 81%.
- North America Loss Adjusting revenue +18.8% to $79.4M; Broadspire revenue +12.7% to record $88.3M.
- International Operations revenue +13.9% to $98.1M; Platform Solutions revenue -6.0% to $59.8M.
- Operating cash flow $68.1M YTD vs $(16.2)M; total debt $218.4M, down $20.5M since Dec 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25475/000095017023059427/0000950170-23-059427-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25475/000095017023059427/crda-20231106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-059427

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