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CRAWFORD UNITED (CRAWA)

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Earnings summaries and quarterly performance for CRAWFORD UNITED.

Research analysts covering CRAWFORD UNITED.

Recent press releases and 8-K filings for CRAWA.

Crawford United Corporation acquired by SPX Enterprises, LLC
CRAWA
M&A
Delisting/Listing Issues
Board Change
  • On February 6, 2026, SPX Enterprises, LLC completed its acquisition of Crawford United Corporation, with Crawford United Corporation becoming a wholly-owned subsidiary of Parent.
  • Shareholders of Crawford United Corporation received a cash consideration of $83.86360 per share for their Class A and Class B common capital stock.
  • The company intends to deregister its Class A Common Shares and suspend its reporting obligations under the Exchange Act.
  • Effective at the time of the merger, the previous board members resigned, and Daniel Whitman was appointed as the sole director of Crawford United Corporation.
15 hours ago
Crawford United Corporation to be acquired by SPX Technologies
CRAWA
M&A
Takeover Bid
  • SPX Technologies has entered into a definitive agreement to acquire Crawford United Corporation.
  • Crawford United shareholders are expected to receive an estimated cash consideration of approximately $83.42 per share, representing an aggregate transaction value of $300 million.
  • The transaction, which has been unanimously approved by the boards of both companies, is expected to close during the first quarter of 2026, subject to customary closing conditions, including required regulatory approvals and approval by Crawford United's shareholders.
  • Upon closing, Crawford United's Commercial Air-Handling Equipment segment will be included in SPX's HVAC segment, while its Industrial & Transportation Products segment will be recorded as assets held for sale.
Dec 8, 2025, 1:05 PM
Crawford United Corporation Announces Q3 2025 Results
CRAWA
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Crawford United Corporation announced its third quarter 2025 results on November 4, 2025, reporting sales of $47.2 million, a 28.4% increase from the prior year quarter.
  • For Q3 2025, the company achieved net income of $5.4 million and earnings per share of $1.52, representing a 60.4% increase in net income per fully diluted share compared to Q3 2024.
  • EBITDA As Defined for the quarter was $9.1 million, up 34.3% from the prior year quarter, contributing to year-to-date sales of $137.3 million and net income of $13.7 million.
  • CEO Brian Powers noted that sales, net income, and earnings per share all reached record highs this quarter, expressing confidence in the company's business model and its pursuit of growth opportunities, including acquisitions.
Nov 4, 2025, 11:05 AM
Crawford United Corporation Announces Third Quarter 2025 Results
CRAWA
Earnings
Revenue Acceleration/Inflection
  • Crawford United Corporation reported sales of $47.2 million for the quarter ended September 30, 2025, an increase of 28.4% from the prior year quarter, and $137.3 million year-to-date, up 21.7%.
  • Net income for the quarter was $5.4 million, a 60.4% increase year-over-year, with earnings per share of $1.52. Year-to-date net income reached $13.7 million, an increase of 41.6%, with EPS of $3.84.
  • EBITDA As Defined grew by 34.3% to $9.1 million for the quarter and by 25.2% to $25.2 million year-to-date.
Nov 4, 2025, 11:00 AM