Atlanta-based claims management solution provider Crawford & Co. said its second-quarter net income increased 31 percent helped by improved revenue and cost controls.
Crawford reported second-quarter net income rose $1.9 million to $8 million. Earnings per share rose 4 cents to 16 cents a share. Revenues rose 13 percent, or $33 million, to $289 million.
"Our second-quarter 2008 operating results reflect the strongest second-quarter performance since 2001, achieved through incremental revenues and the results of our continued focus on cost control and process improvement," Jeffrey T. Bowman, chief executive officer of Crawford, said in a statement.
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