Crawford & Company A ( ($CRD.A) ) has released its Q2 earnings. Here is a breakdown of the information Crawford & Company A presented to its investors.
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Crawford & Company, a leading provider of claims management and outsourcing solutions, operates in the insurance sector with a global presence in over 70 countries. In its second quarter of 2025, Crawford & Company reported a 3% increase in revenues to $323 million compared to the same period in 2024, although net income decreased by 9% to $7.8 million. The company highlighted revenue growth in three of its four operating segments, despite facing challenges in the North America Loss Adjusting and Platform Solutions businesses due to lower claims frequency in U.S. property. Notably, the Broadspire segment achieved a record quarterly revenue of $100.6 million, driven by increases in medical case management and casualty claims revenues. Looking ahead, Crawford & Company remains optimistic about its financial health and market position, with a strong balance sheet and liquidity to support future growth and service delivery, particularly as it anticipates increased demand during the severe weather season in the U.S.