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

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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.

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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.

Cross Country Healthcare is in an interesting position valuation wise, deeply depressed vs. the sector. Fundamentals are strong and the market looks to have priced in the expected pullback in revenue, earnings.

Cross Country Healthcare: Reiterate Buy With Wide Valuation Disconnect

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to participate in the Jefferies 2023 Healthcare Conference taking place June 7-9, 2023 at the Marriott Marquis in New York City. On Thursday, June 8, John Martins, President & Chief Executive Officer, William J. Burns, Executive Vice President & Chief Financial Officer, and Josh Vogel, Vice President, Investor Relations, will participate in one-on-one inv.

Cross Country Healthcare to Attend the Jefferies 2023 Healthcare Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (NASDAQ: CCRN), a market-leading, tech-enabled workforce solutions platform and advisory firm, today announced the launch of the Xperience mobile app, allowing healthcare professionals to search and apply for jobs easily, set up notifications, gain access to a live recruiter, upload references, complete skills checklists, and access onboarding documents, paystubs, timesheets and all other onboarding and assignment-related informa.

Cross Country Launches New Xperience App, Creating a Comprehensive and Intuitive Job Searching Experience for Healthcare Professionals

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc., (NASDAQ: CCRN), a market-leading, tech-enabled workforce solutions platform and advisory firm, today announced that its chief human resources officer, Colin McDonald, has been recognized as one of Staffing Industry Analysts' (SIA) 2023 Diversity, Equity, and Inclusion Influencers. The SIA DE&I Influencers list was developed to recognize people who are having tough conversations to improve DE&I in the workforce solutions.

Cross Country's Chief Human Resource Officer Named a 2023 DEI Influencer

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Cross Country Healthcare, Inc. (NASDAQ:CCRN ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Josh Vogel - Vice President, Investor Relations John Martins - President and Chief Executive Officer Bill Burns - Chief Financial Officer Dan White - Chief Commercial Officer Marc Krug - Group President, Delivery Conference Call Participants Kevin Fischbeck - Bank of America A.J. Rice - Credit Suisse Tobey Sommer - Truist Securities Bill Sutherland - The Benchmark Company Operator Good afternoon, everyone.

Cross Country Healthcare, Inc. (CCRN) Q1 2023 Earnings Call Transcript

Cross Country Healthcare (CCRN) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $1.70 per share a year ago.

Cross Country Healthcare (CCRN) Q1 Earnings and Revenues Beat 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, 2023. SELECTED FINANCIAL INFORMATION:         Variance Variance         Q1 2023 vs Q1 2023 vs Dollars are in thousands, except per share amounts Q1 2023 Q1 2022 Q4 2022 Revenue $ 622,707       (21 ) %   (1 ) % Gross profit margin*   22.4   %   20   bps   30   bps Net income attributable to common stockholders $ 29,436       (53.

Cross Country Healthcare Announces First Quarter 2023 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 Benchmark Healthcare House Call Virtual Conference taking place on May 23, 2023. John Martins, President & Chief Executive Officer, 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. No formal presentation.

Cross Country Healthcare to Attend the Benchmark Healthcare House Call Virtual Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to participate in the BofA Healthcare Conference taking place May 9–11, 2023 at the Encore Hotel in Las Vegas. John Martins, President & Chief Executive Officer, and Josh Vogel, Vice President, Investor Relations, will participate in one-on-one investor meetings on Wednesday, May 10.

Cross Country Healthcare to Attend the 2023 BofA Healthcare Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its first quarter 2023 financial results on Wednesday, May 3, 2023 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 3, 2023. This call will be webcast live and can be accessed at the Company's website at ir.crosscountryhealthcare.

Cross Country Healthcare to Hold First Quarter 2023 Earnings Conference Call on Wednesday, May 3, 2023

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Cross Country Healthcare's (CCRN) investments in technological advancements are its success drivers.

Why Should Investors Hold Cross Country Healthcare (CCRN) Now?

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Cross Country Healthcare: YOY Earnings Decline, Low Valuation, Sketchy Chart Seen

Cross Country Healthcare has shown strong growth from acquisitions, the company is profitable, and many analysts expect growth in adjusted earnings per share by 2024. The combination of a high short percentage and a high buyback yield makes it an ideal candidate for a potential short squeeze.

Cross Country Healthcare: Short Squeeze Potential

Cross Country Healthcare, Inc. (NASDAQ:CCRN ) Q4 2022 Earnings Conference Call February 22, 2023 5:00 PM ET Company Participants Josh Vogel - Vice President, Investor Relations John Martins - President and Chief Executive Officer Bill Burns - Executive Vice President, Chief Financial Officer Marc Krug - Group President, Delivery Dan White - Chief Commercial Officer Conference Call Participants Brian Tanquilut - Jefferies A.J. Rice - Credit Suisse Tobey Sommer - Truist Securities Bill Sutherland - The Benchmark Company Operator Good afternoon, everyone.

Cross Country Healthcare, Inc. (CCRN) Q4 2022 Earnings Call Transcript

Cross Country (CCRN) delivered earnings and revenue surprises of 21.11% and 5.73%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Cross Country Healthcare (CCRN) Tops Q4 Earnings and Revenue 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, 2022. SELECTED FINANCIAL INFORMATION: Dollars are in thousands, except per share amounts Q4 2022 Variance Q4 2022 vs Q4 2021 Variance Q4 2022 vs Q3 2022 Full Year 2022 Variance 2022 vs 2021 Revenue $ 628,218     (2 ) %   (1 ) % $ 2,806,609     67 % Gross profit margin*   22.1 %   (90 ) bps   (50 ) bps   22.

Cross Country Healthcare Announces Fourth Quarter and Full Year 2022 Financial Results

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to participate in two upcoming virtual conferences: The Loop Capital Markets 2023 Investor Conference taking place on March 13, 2023. John Martins, President & Chief Executive Officer, William J.

Cross Country Healthcare to Attend the Loop Capital Markets 2023 Investor Conference and the Oppenheimer 33rd Annual Healthcare Conference

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BOCA RATON, Fla.--( BUSINESS WIRE )--Cross Country Healthcare, Inc., (Nasdaq: CCRN), a market-leading, tech-enabled workforce solutions platform and advisory firm, announced that it has earned Energage's 2023 Top Workplaces USA award for the third year in a row.

Energage Names Cross Country Winner of 2023 Top Workplaces USA Award for the Third Consecutive Year

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 2022 financial results on Wednesday, February 22, 2023 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 22, 2023.

Cross Country Healthcare to Hold Fourth Quarter and Full Year 2022 Earnings Conference Call on Wednesday, February 22, 2023

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Re-opening of the global economy, increased dependency on technology and benefits of the ongoing hybrid working model should aid the Zacks Staffing industry. NSP, KFRC and CCRN are well poised to witness a demand surge.

News for Cross Country Healthcare Stock (CCRN)