Cross Country Healthcare

Cross Country Healthcare, Inc. engages in the provision of healthcare staffing and workforce management solutions. It operates through the following segments: Nurse and Allied Staffing, Physician Staffing, and Search. The Nurse and Allied Staffing segment provides workforce solutions and traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, branch-based local nurses, and allied staffing. The Physician Staffing segment consists of certified registered nurse anesthetists, nurse practitioners, and physician assistants. The Search segment serve as a direct-hire talent acquisition partner to healthcare organizations and academic institutions throughout the nation providing a full suite of prescriptive talent management solutions, including flexible talent delivery models such as retained, outsourced, and contingent. The company was founded by Kevin C. Clark in 1986 and is headquartered in Boca Raton, FL.

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Cross Country Healthcare reports record 2022 performance amidst industry challenges

Cross Country Healthcare delivered strong financial performance in 2022, with record revenue and profitability, strategic acquisitions, and debt reduction initiatives.
While facing challenges from industry dynamics, the company's focus on digital transformation, market competitiveness, and growth opportunities position it well for the future.
Opportunities in securing new contracts, revenue diversification, technology adoption, and strategic M&A underscore Cross Country's proactive approach to driving growth and efficiency.
With a clear focus on managing costs, maintaining EBITDA targets, and leveraging market trends, Cross Country Healthcare aims to navigate challenges and capitalize on opportunities for sustained success.

Cross Country Healthcare surpasses Q1 expectations amidst staffing challenges

Cross Country Healthcare's Q1 performance exceeded expectations, driven by digital initiatives and operational efficiency.
Challenges include projected declines in travel business bill rates and severe staffing shortages in healthcare.
Opportunities lie in increasing shareholder value, technology investments, and improving MSP capture rates.
Overall, the company is adapting to market conditions while focusing on cost savings and operational enhancements.

Cross Country Healthcare reports strong Q2 earnings and tech-driven growth

Cross Country Healthcare's Q2 performance met or exceeded expectations, driven by strong revenue streams and investments in technology.
While facing challenges in certain segments, the company's focus on technology, locum business, and diversified revenue sources positions it well for growth.
Opportunities lie in capturing market share in vendor-neutral spaces, leveraging technology solutions, and capitalizing on strong business performance areas.
Overall, Cross Country Healthcare remains optimistic about its long-term growth prospects and technology-driven initiatives amidst evolving market dynamics.

Cross Country Healthcare reports resilient Q3 performance and eyes growth

Cross Country Healthcare's Q3 performance reflected revenue of $442 million, with a focus on achieving high single-digit EBITDA margins through strategic investments and efficiency enhancements.
Despite challenges such as competitive pressures and aligning pay rates with market demands, the company remains resilient and innovative in capturing growth opportunities.
With a strong emphasis on technology, supplier network development, and margin management, Cross Country Healthcare is poised for sustained growth and profitability in the healthcare staffing industry.
Optimism about future growth opportunities, stable bill rates, and positive client feedback on technological offerings position the company for continued success and market expansion.

Cross Country Healthcare reports robust Q4 performance and growth outlook

Cross Country Healthcare's Q4 2023 showcased strong financial performance and strategic initiatives, with a focus on operational efficiency and market responsiveness.
Despite challenges such as margin compression and softness in travel demand, the company aims for margin expansion and sustained growth through acquisitions and efficiency measures.
Client satisfaction, market resilience, and a proactive approach to market dynamics position Cross Country Healthcare for continued success and outperformance.

Cross Country Healthcare meets Q1 expectations amidst industry challenges

Cross Country Healthcare's Q1 performance met expectations, with growth in key segments.
Challenges include softened demand in travel assignments and post-COVID funding changes.
Opportunities lie in potential growth in Travel Allied business and strategic technology investments.
Overall, the company remains optimistic about its long-term prospects and market positioning.

Cross Country Healthcare reports solid Q3 results amidst competitive challenges

Cross Country Healthcare's Q3 2024 earnings call reflected solid performance with revenue meeting expectations and positive trends in key business segments. The company faces challenges in the travel nursing & allied business but is focused on margin improvement and strategic investments. Opportunities for growth include leveraging positive trends and exploring potential M&A opportunities.

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Cross Country Healthcare, Inc. engages in the provision of healthcare staffing and workforce management solutions. It operates through the Nurse and Allied Staffing and Physician Staffing segments. The Nurse and Allied Staffing segment provides workforce solutions and traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, branch-based local nurses, and allied staffing. The Physician Staffing segment includes certified registered nurse anesthetists, nurse practitioners, and physician assistants. The company was founded by Kevin C. Clark in 1986 and is headquartered in Boca Raton, FL.

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare (NASDAQ: CCRN), a leader in workforce solutions and tech-driven staffing, recruitment, and advisory services, proudly announces that Susan E. Ball, Executive Vice President, Chief Administrative Officer, and General Counsel, has been named to Staffing Industry Analysts' (SIA) prestigious Global Power 150 Women in Staffing List for 2024. This annual list celebrates 150 women worldwide—including 100 from the Americas—who drive significan.

Cross Country's Susan E. Ball Recognized on SIA's Global Power 150 Women in Staffing

Cross Country Healthcare, Inc. (CCRN) Q3 2024 Earnings Call Transcript

The headline numbers for Cross Country (CCRN) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Cross Country (CCRN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Cross Country Healthcare (CCRN) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.39 per share a year ago.

Cross Country Healthcare (CCRN) Surpasses Q3 Earnings and Revenue Estimates

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the Company) (Nasdaq: CCRN) today announced financial results for its third quarter ended September 30, 2024. SELECTED FINANCIAL INFORMATION:       Variance Variance       Q3 2024 vs Q3 2024 vs Dollars are in thousands, except per share amounts Q3 2024 Q3 2023 Q2 2024 Revenue $ 315,119     (29 )%   (7 )% Gross profit margin*   20.4 %   (160 )bps   (40 )bps Net income attributable to common stockholders $ 2,555     (80 )%   116 %.

Cross Country Healthcare Announces Third Quarter 2024 Financial Results

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to participate in the UBS Global Healthcare Conference taking place November 11-14, 2024 at the Terranea Resort Hotel in Rancho Palos Verdes, CA. John Martins, President & Chief Executive Officer and Josh Vogel, Vice President, Investor Relations will participate in one-on-one investor meetings on Wednesday, November 13. No formal presentation will be made. A.

Cross Country Healthcare to Attend UBS Global Healthcare Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its third quarter 2024 financial results on Wednesday, November 6, 2024 at 5:00 p.m. Eastern Time. Cross Country Healthcare, Inc. (the “Company”) intends to distribute its earnings press release after market close on Wednesday, November 6, 2024. This call will be webcast live and can be accessed at the Company's website at ir.crosscountry.com or by dialing 888-566-.

Cross Country Healthcare to Hold Third Quarter 2024 Earnings Conference Call on Wednesday, November 6, 2024

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare (NASDAQ: CCRN) is proud to announce its inclusion in the 2024 Most Loved Workplaces® for Wellness by Newsweek.

Cross Country Named Most Loved Workplace® for Wellness by Newsweek

Healthcare staffing companies saw a massive increase in revenues and profits following the Covid-19 pandemic. In the past year, that trend has reversed as hospitals shore up their staffing needs. CCRN stock is down almost 50% in 2024 as a result. CCRN has a strong balance sheet and a market cap so low that it trades below book value.

Cross Country Healthcare: The Strong Balance Sheet Provides A Sufficient Margin Of Safety

Investors need to pay close attention to Cross Country Healthcare (CCRN) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Cross Country Healthcare (CCRN) Stock?

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare (NASDAQ: CCRN), a leading provider of workforce solutions and tech-enabled staffing, recruitment, and advisory services, proudly announces that its CEO, John A. Martins, has been named to Newsweek's Most Loved Workplaces CEO list for 2024. This accolade, awarded in collaboration with the Best Practice Institute (BPI), recognizes CEOs who have fostered exceptional workplace cultures where employees feel valued, inspired, and appreciated.

Cross Country CEO Recognized Among Most Loved Workplace Leaders by Newsweek

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare (NASDAQ: CCRN), a leading provider of workforce solutions and tech-enabled staffing, recruitment, and advisory services, is proud to announce that it has been certified as a Most Loved Workplace® for 2024. This certification, granted by the Best Practice Institute (BPI), underscores Cross Country's commitment to fostering a workplace where employees feel valued, inspired, and appreciated. “We are immensely proud to be recognized as a M.

Cross Country Named Most Loved Workplace® for 2024

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to participate in two upcoming conferences: The Morgan Stanley 22nd Annual Global Healthcare Conference taking place September 4-6, 2024 at the Marriott Marquis in New York City. John Martins, President & Chief Executive Officer and Josh Vogel, Vice President, Investor Relations, will participate in one-on-one investor meetings on Thursday, September 5. No fo.

Cross Country Healthcare to Attend the Morgan Stanley 22nd Annual Global Healthcare Conference and the 17th Annual Barrington Research Virtual Fall Investment Conference

Cross Country Healthcare, Inc. (NASDAQ:CCRN ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Joshua Vogel - VP of IR John Martins - President and CEO Bill Burns - CFO Marc Krug - Group President of Delivery Conference Call Participants Kevin Fischbeck - Bank of America Trevor Romeo - William Blair Brian Tanquilut - Jefferies A.J. Rice - UBS Bill Sutherland - The Benchmark Company Tobey Sommer - Truist Constantine Davides - JMP Kevin Steinke - Barrington Research Operator Good afternoon, everyone.

Cross Country Healthcare, Inc. (CCRN) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Cross Country (CCRN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Cross Country (CCRN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Cross Country Healthcare (CCRN) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.69 per share a year ago.

Cross Country Healthcare (CCRN) Lags Q2 Earnings Estimates

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) today announced financial results for its second quarter ended June 30, 2024. SELECTED FINANCIAL INFORMATION:       Variance Variance       Q2 2024 vs Q2 2024 vs Dollars are in thousands, except per share amounts Q2 2024 Q2 2023 Q1 2024 Revenue $ 339,771       (37 ) %   (10 ) % Gross profit margin*   20.8   %   (200 ) bps   40   bps Net (loss) income attributable to common stockholders $ (16,050 )  .

Cross Country Healthcare Announces Second Quarter 2024 Financial Results

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BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its second quarter 2024 financial results on Wednesday, July 31, 2024 at 5:00 p.m. Eastern Time. Cross Country Healthcare, Inc. (the “Company”) intends to distribute its earnings press release after market close on Wednesday, July 31, 2024. This call will be webcast live and can be accessed at the Company's website at ir.crosscountry.com or by dialing 888-566-1290.

Cross Country Healthcare to Hold Second Quarter 2024 Earnings Conference Call on Wednesday, July 31, 2024

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BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to participate in the Citizens JMP Medical Devices and Healthcare Services Forum taking place June 20, 2024 at the Boston Harbor Hotel. John Martins, President & Chief Executive Officer and Josh Vogel, Vice President, Investor Relations, will participate in one-on-one investor meetings. No formal presentation will be made. About Cross Country Healthcare Cross.

Cross Country Healthcare to Attend Citizens JMP Medical Devices and Healthcare Services Forum

BOCA RATON, Fla.--(BUSINESS WIRE)--Colin McDonald has been honored on the SIA's 2024 DE&I Influencer List, for trailblazers who actively foster diversity, equity, and inclusion.

Cross Country Chief Human Resource Officer Honored as DE&I Influencer

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to participate in two upcoming conferences: The William Blair 44th Annual Growth Stock Conference taking place June 4-6, 2024 at the Loews Chicago Hotel. John Martins, President & Chief Executive Officer and Josh Vogel, Vice President, Investor Relations, will participate in one-on-one investor meetings on Tuesday, June 4. They will also participate in a form.

Cross Country Healthcare to Attend the William Blair 44th Annual Growth Stock Conference and the Jefferies Global Healthcare Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to participate in Benchmark's Healthcare House Call Virtual One-on-One Investor Conference taking place May 21-22, 2024. William J. Burns, Executive Vice President & Chief Financial Officer and Josh Vogel, Vice President, Investor Relations, will participate in virtual one-on-one investor meetings on Wednesday, May 22, 2024. No formal presentation will be mad.

Cross Country Healthcare to Attend Benchmark's Healthcare House Call Investor Conference

Cross Country Healthcare, Inc. (NASDAQ:CCRN ) Q1 2024 Results Conference Call May 1, 2024 5:00 PM ET Company Participants Joshua Vogel - Vice President of Investor Relations John Martins - President, CEO & Director Bill Burns - Executive VP & CFO Marc Krug - Group President of Delivery Conference Call Participants Trevor Romeo - William Blair Brian Tanquilut - Jefferies A.J. Rice - UBS Bill Sutherland - Benchmark Company Constantine Davides - Citizens JMP Tobey Sommer - Truist Securities Kevin Steinke - Barrington Research Operator Good afternoon, everyone.

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