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 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

Earnings data Q4 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.

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.

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.

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.

5 Top-Rated Stocks to Ride a Blockbuster Jobs Report

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (NASDAQ: CCRN), today is refuting media reports which erroneously state that a subsidiary and an executive of Cross Country Healthcare were charged in an ongoing US Department of Justice antitrust probe. The charges against this individual and VDA OC do not involve Cross Country Healthcare or any of its executives, subsidiaries or divisions. “Recent media reports inaccurately suggest that Cross Country Healthcare is involved in t

Cross Country Healthcare Sets the Record Straight on VDA OC Indictment Report:

Heidrick & Struggles International

Korn/Ferry Int.

TrueBlue

We have narrowed down our search to five staffing stocks that have provided double-digit return year to date and still have more upside. These are: KFY, KFRC, TBI, CCRN and HSII.

Record-Low Jobless Claims Show Labor Market Recovery: 5 Picks

BOCA RATON, Fla.--(BUSINESS WIRE)-- #bestofstaffing--Cross Country Healthcare partners with Wachter Healthcare Solutions to hire patient observation teams and implement virtual technology

Hiring for the Future: Cross Country Healthcare Announces Innovative Virtual Patient Observation Partnership

BOCA RATON, Fla.--(BUSINESS WIRE)-- #bestofstaffing--Cross Country Healthcare Executives Included on Staffing Industry Analysts' 2021 Staffing 100 North America List

Cross Country Healthcare Executives Included on Staffing Industry Analysts' 2021 Staffing 100 North America List

The Fed has forecast a fall in unemployment rate which bodes well for the U.S. labor market, making it wise to invest in names like Kforce (KFRC) and TrueBlue (TBI)

5 Staffing Stocks Set to Gain From Potential Fall in Jobless Rate

Bloomin' Brands

Core-Mark Holding Company

Broker-friendly stocks like ABM Industries (ABM), Cross Country Healthcare (CCRN), Bloomin' Brands (BLMN), CoreMark Holding (CORE) and Camping World Holdings (CWH) should be on one's watch list.

5 Stocks Hogging the Limelight as Brokers Upgrade Rating

With U.S. jobs growth breezing past expectations in February and hiring poised to pick up, investing in staffing stocks like Kforce (KFRC), TrueBlue (TBI) & KornFerry International (KFY) seems prudent.

5 Top Staffing Stocks to Win Big on Blowout Jobs Report

Atlas Air Worldwide

Builders FirstSource

CONSOL Energy

Triumph Group

Investors should keep an eye on broker-friendly stocks like Atlas Air (AAWW), Cross Country Healthcare (CCRN), Consol Energy (CEIX), Triumph Group (TGI) and Builders FirstSource (BLDR) for impressive returns.

5 Stocks to Look Out for Following Recent Upgrades by Brokers

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

Will Cross Country (CCRN) Gain on Rising Earnings Estimates?

Cross Country Healthcare, Inc. (CCRN) CEO Kevin Clark on Q4 2020 Results - Earnings Call Transcript

Cross Country (CCRN) delivered earnings and revenue surprises of 137.50% and 12.45%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Cross Country Healthcare (CCRN) Q4 Earnings and Revenues Top Estimates

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the "Company") (Nasdaq: CCRN) today announced financial results for its fourth quarter and full year ended December 31, 2020. SELECTED FINANCIAL INFORMATION:   Dollars are in thousands, except per share amounts Q4 2020 Variance Q4 2020 vs Q4 2019 Variance Q4 2020 vs Q3 2020 Full Year 2020 Variance 2020 vs 2019 Revenue $ 215,606     —   % 11   % $ 836,417     2   % Gross profit margin* 25.2   % 50   bps 50   bps 24.2   % (60 ) bp

Cross Country Healthcare Announces Fourth Quarter and Full Year 2020 Financial Results

On Wednesday, February 24, Cross Country Healthcare (NASDAQ:CCRN) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings Outlook for Cross Country Healthcare

Cross Country Healthcare's (CCRN) fourth-quarter 2020 earnings are expected to have moved up year over year.

What Awaits Cross Country Healthcare (CCRN) in Q4 Earnings?

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) announced today that it is scheduled to participate in two upcoming conferences: The Truist Securities 2021 Technology, Internet & Services Virtual Conference taking place March 9-10, 2021. Kevin C. Clark, Co-Founder and Chief Executive Officer, and William J. Burns, Executive Vice President and Chief Financial Officer, will participate in one-on-one investor meetings. No formal presentation will be made. The O

Cross Country Healthcare to Attend the Truist Securities 2021 Technology, Internet & Services Virtual Conference and Oppenheimer's 31st Annual Virtual Healthcare Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its fourth quarter and full year 2020 financial results on Wednesday, February 24, 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, February 24, 2021. This call will be webcast live and can be accessed at the Company's website at www.crosscountryhealthcar

Cross Country Healthcare Announces Fourth Quarter and Full Year 2020 Earnings Release Date and Conference Call Information

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN), a leading provider of total talent management, including workforce solutions, contingent staffing, permanent placement and other consultative services for healthcare clients, announced that John A. Martins, 52, has joined the Company as Group President, Nurse and Allied, effective today. Mr. Martins has over 15 years of experience in the healthcare staffing industry, including extensive knowledge of travel nurse a

News for Cross Country Healthcare Stock (CCRN)