Earnings Call Summary | Crawford-B(CRD.B.US) Q1 2024 Earnings Conference
Earnings Call Summary | Crawford-B(CRD.B.US) Q1 2024 Earnings Conference
The following is a summary of the Crawford & Company (CRD.B) Q1 2024 Earnings Call Transcript:
以下是克劳福德公司(CRD.B)2024年第一季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
Crawford reported a consolidated revenue of $301.7 million in Q1 2024, and operating earnings of $12.1 million.
GAAP net income attributable to shareholders totaled $2.8 million.
They returned capital to shareholders with a quarterly dividend of $0.07 for stocks CRD-A and CRD-B.
The company's selling, general, and administrative expenses increased to $10.6 million, caused by professional fees, IT costs, bad debt expense, and compensation expense.
The company had a gross debt of $230.2 million by the end of Q1.
克劳福德报告称,2024年第一季度的合并收入为3.017亿美元,营业收益为1,210万美元。
归属于股东的GAAP净收益总额为280万美元。
他们向股东返还了资本,股票CRD-A和CRD-B的季度股息为0.07美元。
由于专业费用、IT成本、坏账支出和薪酬支出,该公司的销售、一般和管理费用增加到1,060万美元。
截至第一季度末,该公司的总债务为2.302亿美元。
Business Progress:
业务进展:
The company reported strong performance in their non-weather-related business, while their weather-dependent business, affected by reduced catastrophic weather activity, was down for the quarter. The overall condition shows the strength of their diversified business model.
Crawford & Company expanded their customer base and deepened customer relations by adding a total of $24 million in new business this quarter.
Their international operations revenue grew by 7% to $98.1 million in Q1, reflecting growth in the UK, Europe, and Latin America.
They are making strategic investments in their proprietary innovative technologies, revealing opportunities for growth and increased market share.
The company experienced a quarter-over-quarter revenue increase of 12%.
Crawford & Company are looking into potential acquisitions that could establish a strong position in a new domain, focusing on those that provide capabilities in existing geographies, and offer scale opportunities in new geographies.
该公司报告称,其与天气无关的业务表现强劲,而受灾难性天气活动减少的影响,其依赖天气的业务在本季度有所下降。总体状况表明了他们多元化商业模式的力量。
Crawford & Company本季度共增加了2400万美元的新业务,从而扩大了客户群并深化了客户关系。
他们的国际运营收入在第一季度增长了7%,达到9,810万美元,反映了英国、欧洲和拉丁美洲的增长。
他们正在对自己的专有创新技术进行战略投资,从而揭示了增长和增加市场份额的机会。
该公司的收入同比增长了12%。
Crawford & Company正在研究可能在新领域确立强势地位的潜在收购,重点收购那些在现有地区提供能力并在新地区提供规模机会的收购。
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译文内容由第三方软件翻译。