Welcome to our dedicated page for Crawford United news (Ticker: CRAWA), a resource for investors and traders seeking the latest updates and insights on Crawford United stock.
Crawford United Corporation (CRAWA) delivers specialty industrial solutions through its commercial air handling systems and precision components for aerospace/defense sectors. This news hub provides investors and industry professionals with verified updates about the company’s strategic developments.
Track all official announcements including earnings reports, acquisition activity, and product innovations across both core segments. Our curated feed ensures access to operational updates from the HVAC systems serving hospitals/universities to advanced manufacturing solutions for critical infrastructure projects.
Discover how CRAWA maintains its position in industrial markets through timely coverage of leadership changes, facility expansions, and engineering milestones. Content is organized for quick scanning while maintaining technical accuracy for expert audiences.
Bookmark this page for streamlined monitoring of Crawford United’s progress in delivering customized air handling solutions and mission-critical components. Check back regularly for unfiltered access to press releases and market-moving developments.
Crawford United reported sales of $38.4 million for the first quarter of 2024, showing a $4.6 million increase from the prior quarter. The net income was $3.0 million with earnings per share of $0.85.
Despite a 2.6% decrease in sales compared to the same period in 2023, the company recorded operating income of $4.6 million. EBITDA As Defined was $6.7 million for the quarter, reflecting a 3.4% decrease from the previous year.
Crawford United Corporation (OTC: CRAWA) has announced the appointment of Jeff Salay as Vice President and Chief Financial Officer, effective May 1, 2023. Salay brings extensive experience from Diebold Nixdorf and Ernst & Young, holding a CPA license in Ohio and a degree from Ohio Northern University. Chairman and CEO Brian Powers expressed confidence in Salay’s ability to drive growth with the executive team and Board. Crawford United operates in diverse markets, including healthcare and aerospace, providing specialty industrial products. The company emphasizes its commitment to navigating forward-looking challenges and opportunities for sustained growth.
Crawford United Corporation (OTC: CRAWA) reported strong financial results for the year ended December 31, 2022. Sales reached $127.8 million, up 22.6% year-over-year, with $32.7 million in sales for the fourth quarter, marking a 19.5% increase. Net income for the year was $6.6 million, or $1.89 per share, compared to $5.7 million in 2021. EBITDA for the year was $13.7 million, a 27.1% rise. These increases were attributed to acquisitions and a recovery in customer demand post-pandemic. Despite challenges such as labor shortages, the company remains optimistic about future growth opportunities.
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