secwatch.observer — SEC 8-K summary
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Issuer:     CRAWFORD & CO (CRD-A)
CIK:        0000025475
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0000950170-25-063574
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crawford & Company Q1 revenue $312M (+3%); net income $6.7M ($0.13/diluted), adj EPS $0.21
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- Revenue before reimbursements $312.0M (+3% YoY); net income $6.7M ($0.13 diluted EPS) vs $2.8M ($0.06).
- Consolidated adjusted operating earnings $17.8M (+47%); adjusted EBITDA $26.8M (+30%).
- International Ops revenue +6.4% to $104.4M, operating earnings +105% to $3.5M; Broadspire margin down to 12.7%.
- Subsequent event: foreign tax authority guidance may cause ~$5.0M negative impact (evaluation ongoing).
- Free cash flow improved to -$23.2M from -$29.4M; no share repurchases in Q1 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25475/000095017025063574/0000950170-25-063574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25475/000095017025063574/crda-20250505.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-063574

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer