secwatch.observer — SEC 8-K summary
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Issuer:     CRAWFORD & CO (CRD-A)
CIK:        0000025475
Form:       8-K
Filed at:   2023-09-14T23:59:59+00:00
Accession:  0001104659-23-100624
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crawford & Company Q2 2023 revenues up 9% YoY; net income rises 45%
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- Q2 2023 revenues of $320.7M (+9% YoY); net income $8.4M (+45%); diluted EPS $0.17 for both share classes.
- Adjusted operating earnings $22.8M (+85% YoY); adjusted EBITDA $31.5M (+49%); margins expanded.
- Platform Solutions revenue grew 22.1% YoY; all four operating segments posted revenue growth.
- Quarterly dividend raised to $0.07 per share; net debt $195.3M; leverage ratio 1.80x EBITDA.
- Added $26M in new/enhanced business; operating cash flow $27.2M in 1H 2023 vs. -$12.8M in 1H 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25475/000110465923100624/0001104659-23-100624-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25475/000110465923100624/tm2325948d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-100624

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