{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-024927","form_type":"8-K","ticker":"CRD-A","cik":"0000025475","company_name":"CRAWFORD & CO","filed_at":"2024-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.509842+00:00","generated_at":"2026-06-05T05:04:39.309918+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Crawford reports record FY 2023 revenue; Q4 revenue down 8% on benign weather","bullets":["Q4 2023 revenues before reimbursements $296.1M, down 8% YoY; GAAP net loss $0.8M and diluted EPS loss $0.02.","Non-GAAP adjusted EPS for Q4 was $0.06 (CRD-A) and $0.07 (CRD-B), down from $0.23 in Q4 2022.","FY 2023 record revenue of $1.267B, up 7% YoY; GAAP net income $30.6M vs loss of $18.3M in 2022.","Broadspire segment Q4 revenue up 17.2% to $92.1M; Platform Solutions revenue dropped 52% to $37.2M.","Operating cash flow improved to $103.8M from $27.6M; total debt reduced to $209.1M from $238.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-024927","json":"https://secwatch.observer/filing/0000950170-24-024927.json","markdown":"https://secwatch.observer/filing/0000950170-24-024927.md","text":"https://secwatch.observer/filing/0000950170-24-024927.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/25475/000095017024024927/0000950170-24-024927-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/25475/000095017024024927/crda-20240304.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T05:04:39.309918+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6d56a105398fec2fefc849ad635570ee3b7af583","claim":"CRAWFORD & CO reported the fourth quarter ended December 31, 2023 results: revenue $296.1 million, net income $(0.8) million, EPS $(0.02) for both CRD-A and CRD-B.","evidence_excerpt":"GAAP Consolidated Results Fourth Quarter 2023 • Revenues before reimbursements of $296.1 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/25475/000095017024024927/0000950170-24-024927-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$296.1 million"},{"label":"Net income","value":"$(0.8) million"},{"label":"EPS","value":"$(0.02) for both CRD-A and CRD-B"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9e461d2eba7a7181eb1a8fd13b7936b153ba5d6f","claim":"CRAWFORD & CO reported the full year ended December 31, 2023 results: revenue $1.267 billion, net income $30.6 million, EPS $0.61 for CRD-A and $0.62 for CRD-B.","evidence_excerpt":"GAAP Consolidated Results Full Year 2023 • Revenues before reimbursements of $1.267 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/25475/000095017024024927/0000950170-24-024927-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Revenue","value":"$1.267 billion"},{"label":"Net income","value":"$30.6 million"},{"label":"EPS","value":"$0.61 for CRD-A and $0.62 for CRD-B"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}