Rhea-AI Summary
Crawford & Company (CRD-A) reported Q1 2020 financial results, showing revenues of $237.5 million, a decrease from $247.1 million in Q1 2019. The company incurred a net loss of $11.4 million, compared to a profit of $6.1 million a year prior. GAAP diluted loss per share was $(0.21) for CRD-A. Non-GAAP revenues were $238.8 million, with net income of $1.0 million, down from $6.1 million in Q1 2019. A goodwill impairment of $17.7 million and restructuring costs of $5.7 million were recorded, primarily due to impacts from COVID-19 and reduced claims activity.
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FAQ
What is the current stock price of Crawford & (CRD.A)?
Crawford & (CRD.A) last closed at $12.44.
What is the market cap of Crawford & (CRD-A)?
The market cap of Crawford & (CRD-A) is approximately $592.0M.