{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-051329","form_type":"8-K","ticker":"CRD-A","cik":"0000025475","company_name":"CRAWFORD & CO","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.484511+00:00","generated_at":"2026-06-03T03:21:58.926480+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Crawford Q1 net income falls 73% to $2.8M; revenue down 5% to $301.7M","bullets":["GAAP diluted EPS $0.06 for both CRD-A and CRD-B, down from $0.22 in Q1 2023.","Non-GAAP adjusted EPS $0.13, down from $0.28; adjusted EBITDA $20.6M vs $32.8M.","Broadspire segment revenue hit record $94.3M, up 12.2% YoY; Platform Solutions fell 49.2% due to absence of ~$30M catastrophe claims.","Net cash used in operations $19.8M vs $0.4M used a year ago; free cash flow -$29.4M.","No severe weather activity in Q1 2024; company notes non-weather businesses performed well."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-051329","json":"https://secwatch.observer/filing/0000950170-24-051329.json","markdown":"https://secwatch.observer/filing/0000950170-24-051329.md","text":"https://secwatch.observer/filing/0000950170-24-051329.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/25475/000095017024051329/0000950170-24-051329-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/25475/000095017024051329/crda-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:21:58.926480+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":"b721dba1d310ce5b8ba94aeae0970d605f2f9b1b","claim":"CRAWFORD & CO reported first quarter ended March 31, 2024 results: revenue $301.7 million, net income $2.8 million, EPS $0.06.","evidence_excerpt":"Revenues before reimbursements of $301.7 million, down (5)% from $316.3 million for the 2023 first quarter • Net income attributable to shareholders of $2.8 million, decreasing from the $10.7 million in the same period last year • Diluted earnings per share of $0.06 for both CRD-A and CRD-B","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/25475/000095017024051329/0000950170-24-051329-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$301.7 million"},{"label":"Net income","value":"$2.8 million"},{"label":"EPS","value":"$0.06"},{"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"}