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.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Cross Country (CCRN) delivered earnings and revenue surprises of 17.50% and 8.41%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Cross Country Healthcare (CCRN) Q2 Earnings and Revenues Top 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, 2021. SELECTED FINANCIAL INFORMATION:     Variance Variance     Q2 2021 vs Q2 2021 vs Dollars are in thousands, except per share amounts Q2 2021 Q2 2020 Q1 2021 Revenue $ 331,827     53 %   1 % Gross profit margin*   21.9 %   (150 ) bps   20 bps Net income attributable to common shareholders $ 11,548     182 %   (41 )% Diluted E

Cross Country Healthcare Announces Second Quarter 2021 Financial Results

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) is issuing the following updated dial-in numbers for its quarterly conference call to discuss its second quarter 2021 financial results on Wednesday, August 4, 2021 at 5:00 p.m. Eastern Time. The previously issued dial-in numbers should be disregarded. This call will be webcast live and can be accessed at the Company's website at ir.crosscountryhealthcare.com or by dialing 888-982-7289 from anywhere in the U.S. or

Cross Country Healthcare Announces Change in Conference Call Details for Second Quarter 2021 Earnings

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its second quarter 2021 financial results on Wednesday, August 4, 2021 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, August 4, 2021. This call will be webcast live and can be accessed at the Company's website at ir.crosscountryhealthcare.com or by dialing 8

Cross Country Healthcare Announces Second Quarter 2021 Earnings Release Date and Conference Call Information

BOCA RATON, Fla.--(BUSINESS WIRE)-- #crosscountryhealthcare--Cross Country Healthcare, Inc., (NASDAQ: CCRN), is the first healthcare staffing firm to partner with the Centers for Medicare & Medicaid Services...

Cross Country Healthcare Partners with the Centers for Medicare & Medicaid Services to Help Nursing Homes Improve Infection Control

As of late, it has definitely been a great time to be an investor in Cross Country Healthcare, Inc. (CCRN).

Cross Country Healthcare's (CCRN) Shares March Higher, Can It Continue?

Does Cross Country Healthcare (CCRN) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Cross Country Healthcare (CCRN) a Strong Momentum Stock: Buy Now?

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc., (NASDAQ: CCRN), a leading provider of advisory and workforce solutions, including contingent staffing, permanent placement, and other consultative services for healthcare clients, today announced the asset acquisition of Workforce Solutions Group, Inc. (WSG), effective June 8, 2021. Based in California, WSG primarily works with local and national healthcare plans and managed care providers to coordinate in-home care services for

Cross Country Healthcare Completes Asset Acquisition of Workforce Solutions Group, Inc. and Secures New $100 Million Financing

Cross Country (CCRN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Cross Country (CCRN) Stock Might be a Great Pick

DLH Hlds

Heidrick & Struggles International

Robert Half Int.

TrueBlue

Staffing companies like TrueBlue (TBI) and Heidrick & Struggles International (HSII) are likely to benefit in the coming days as the economy reopens further.

5 Staffing Stocks to Buy as Jobless Claims Continue to Fall

Atlas Air Worldwide

Beazer Homes USA

Century Communities

Children's Place

Investors should add stocks like Atlas Air (AAWW), Cross Country Healthcare (CCRN), Beazer Homes (BZH), The Children's Place (PLCE) and Century Communities (CCS) to their respective portfolios for remarkable returns.

Broker Rating Upgrades Add Prosperity to These 5 Stocks

Cross Country (CCRN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Cross Country (CCRN) Stock

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to participate in the Jefferies 2021 Virtual Healthcare Conference taking place June 1-4, 2021. William J. Burns, Executive Vice President & Chief Financial Officer and John A. Martins, Group President, Delivery, will participate in one-on-one investor meetings. No formal presentation will be made. About Cross Country Healthcare Cross Country Healthcare, Inc.

Cross Country Healthcare to Attend the Jefferies 2021 Virtual Healthcare Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc., (NASDAQ: CCRN), a leading provider of advisory and workforce solutions including contingent staffing, permanent placement, and other consultative services for healthcare clients, has appointed Phillip Noe to the role of Chief Information Officer (CIO). Noe replaces Bill Halnon who is retiring, and will report directly to Kevin C. Clark, Co-founder and CEO. He commences May 10, 2021. “Phil's appointment reflects the ongoing evolu

Cross Country Healthcare Appoints Phillip Noe as Chief Information Officer

Cross Country Healthcare, Inc. (CCRN) CEO Kevin Clark on Q1 2021 Results - Earnings Call Transcript

Cross Country (CCRN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Cross Country (CCRN) Surges 13.5%: Is This an Indication of Further Gains?

Cross Country (CCRN) delivered earnings and revenue surprises of 70.59% and 14.38%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Cross Country Healthcare (CCRN) Q1 Earnings and Revenues Top Estimates

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the "Company") (Nasdaq: CCRN) today announced financial results for its first quarter ended March 31, 2021. SELECTED FINANCIAL INFORMATION:       Variance Variance       Q1 2021 vs Q1 2021 vs Dollars are in thousands, except per share amounts Q1 2021 Q1 2020 Q4 2020 Revenue $ 329,241     57     % 53     % Gross profit margin* 21.7   % (190 )   bps (350 )   bps Net income attributable to common shareholders $ 19,448     1,031

Cross Country Healthcare Announces First Quarter 2021 Financial Results

BOCA RATON, Fla.--(BUSINESS WIRE)-- #bestofstaffing--NATHO has appointed Marc Krug, division president, travel and local at Cross Country Healthcare, to its board of directors.

Cross Country Healthcare's Marc Krug Appointed to National Association of Travel Healthcare Organizations Board of Directors

ManpowerGroup

MAN vs. CCRN: Which Stock Is the Better Value Option?

MAN vs. CCRN: Which Stock Should Value Investors Buy Now?

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) announced today that it is scheduled to participate in the 2021 BofA Virtual Healthcare Conference taking place May 11-13, 2021. Kevin C. Clark, Co-Founder & Chief Executive Officer, and William J. Burns, Executive Vice President & Chief Financial Officer, will present as a fireside chat on Tuesday, May 11, 2021 at 1:15 p.m. Eastern Time. About Cross Country Healthcare Cross Country Healthcare, Inc. (CCH) i

Cross Country Healthcare to Attend the 2021 BofA Virtual Healthcare Conference

BOCA RATON, Fla.--(BUSINESS WIRE)-- #bestofstaffing--Cross Country Healthcare has promoted Gerald Purgay to chief marketing officer (CMO).

Cross Country Healthcare Promotes Gerald Purgay to Chief Marketing Officer

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its first quarter 2021 financial results on Wednesday, May 5, 2021 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, May 5, 2021. This call will be webcast live and can be accessed at the Company's website at www.crosscountryhealthcare.com or by dialing 888-566

Cross Country Healthcare Announces First Quarter 2021 Earnings Release Date and Conference Call Information

ABM Industries

Camping World Hlds

Darden Restaurants

TTEC Holdings

With U.S. service providers seeing the fastest growth on record in March, investing in stocks like Darden Restaurants (DRI), ABM Industries (ABM) & TeleTech Holdings (TTEC) seems prudent.

5 Stocks to Gain From Sharp Pick-Up in Service Sector Activity

Caterpillar

KB Home

Kforce

The labor market has added jobs at a strong clip so far this year and is also poised to strengthen. Thus, investing in stocks like Kforce (KFRC) & KB Home (KBH) seems prudent.

News for Cross Country Healthcare Stock (CCRN)