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.

HireQuest Inc

Kforce

ManpowerGroup

Stocks like Kforce Inc., (KFRC) Cross Country Healthcare, Inc. (CCRN) HireQuest, Inc. (HQI) and ManpowerGroup Inc. (MAN) are likely to benefit from robust job additions to U.S. economy.

4 Staffing Stocks to Watch on Robust January Job Additions

Robert Half Int.

Invest in staffing stocks like HireQuest (HQI), Kforce (KFRC), ManpowerGroup (MAN), Cross Country Healthcare (CCRN) & Robert Half International (RHI), banking on solid January jobs growth.

Blowout Jobs Report a Boon for These 5 Staffing Stocks

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

Insperity

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.

3 Stocks to Watch From the Promising Staffing Services Industry

Stocks like Kforce Inc. (KFRC), Cross Country Healthcare, Inc. (CCRN) and Randstad N.V. (RANJY) are likely to benefit on robust job additions to U.S. economy.

3 Staffing Stocks to Watch Amid Growing Challenges

BOCA RATON, Fla.--( BUSINESS WIRE )--Cross Country Healthcare, Inc. (NASDAQ: CCRN), a market-leading, tech-enabled workforce solutions platform and advisory firm, is pleased to announce that Eric Christianson joined the Company on January 9, 2023, to serve as its SVP, Intellify Solutions. Mr. Christianson will report to the Company's Chief Commercial Officer, Dan White.

Cross Country Healthcare Announces Leadership for New Vendor Neutral Platform

BOCA RATON, Fla.--( BUSINESS WIRE )--Cross Country Healthcare, Inc. (NASDAQ: CCRN) (the “Company” or “Cross Country”), a market-leading, tech-enabled workforce solutions platform and advisory firm, is pleased to announce that Dwayne L. Allen, 61, has been appointed to serve on the Company's Board of Directors (the “Board”), effective January 3, 2023.

Cross Country Healthcare Announces New Appointment to Board of Directors

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Cross Country Healthcare (CCRN) Stock?

Here is how Cross Country Healthcare (CCRN) and Core & Main (CNM) have performed compared to their sector so far this year.

Are Business Services Stocks Lagging Cross Country Healthcare (CCRN) This Year?

BOCA RATON, Fla.--( BUSINESS WIRE )--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN), a market-leading tech-enabled workforce solutions platform and advisory firm, today announced the acquisition of Hireup Leadership Inc. (“Hireup”).

Cross Country Healthcare Completes Acquisition of Hireup Leadership Inc.

Healthcare providers have been a source of relative safety this year, but the group has given back some gains against the SPX lately. One small-cap sports a good valuation using forward numbers, but market risks could hinder earnings soon.

Cross Country Healthcare: Volatile Earnings, But A Low P/E - Shares At A Key Technical Spot

Here is how Cross Country Healthcare (CCRN) and Clean Harbors (CLH) have performed compared to their sector so far this year.

Is Cross Country Healthcare (CCRN) Stock Outpacing Its Business Services Peers This Year?

Cross Country (CCRN) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why Growth Investors Shouldn't Overlook Cross Country (CCRN)

Gogo

Green Brick Partners

Louisiana-Pacific

Matson

PDC Energy Inc

Principal Financial Group

I'm tasked with providing readers with some of the final top stock picks of the year. It's been brutal for some S&P 500 stocks in 2022.

Our 7 Top Stock Picks for December 2022

Boise Cascade

Builders FirstSource

CVR Energy

Delek US Hlds

Broker-favorite stocks like Country Healthcare (CCRN), CVR Energy (CVI), Delek US Holdings (DK), Boise Cascade (BCC) and Builders FirstSource (BLDR) should be on an investor's watch list.

5 Broker-Favorite Stocks to Tide Over the Market Tempest

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 Divisional Senior Vice President of Operations, Amiee Hawkins, has been included in 2022 Staffing Industry Analysts (SIA) list of 150 most influential women. The annual Global Power 150 – Women in Staffing List recognizes the 100 most influential women in the Americas and 50 additional women internationally.

Cross Country Healthcare Executive Named to the Global Power 150 Women in Staffing List

Cross Country Healthcare to Attend the 4th Annual Truist Securities Industrials and Services Summit

Here is how Cross Country Healthcare (CCRN) and CRA International (CRAI) have performed compared to their sector so far this year.

Is Cross Country Healthcare (CCRN) Outperforming Other Business Services Stocks This Year?

American Airlines

Covenant Logistics Group Inc

Delta Air Lines

Broker-favorite stocks like American Airlines(AAL), Delta (DAL), CVR Energy (CVI), Covenant Logistics (CVLG) and Cross Country Healthcare (CCRN) are worth retaining in your portfolio amid market disruptions.

5 Broker-Favorite Stocks to Bank on as Market Unrest Continues

Are Investors Undervaluing Cross Country Healthcare (CCRN) Right Now?

Cross Country (CCRN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Cross Country Healthcare, Inc. (CCRN) Hits Fresh High: Is There Still Room to Run?

Cross Country Healthcare, Inc. (NASDAQ:CCRN ) Q3 2022 Earnings Conference Call November 2, 2022 4:30 PM ET Company Participants Josh Vogel - VP, IR John Martins - President and CEO Bill Burns - EVP and CFO Marc Krug - Group President, Delivery Daniel White - CCO Conference Call Participants Kevin Fischbeck - Bank of America A.J. Rice - Credit Suisse Brian Tanquilut - Jefferies Tobey Sommer - Truist Securities Kevin Steinke - Barrington Research Good afternoon, everyone.

Cross Country Healthcare, Inc. (CCRN) CEO John Martins on Q3 2022 Results - Earnings Call Transcript

Cross Country (CCRN) delivered earnings and revenue surprises of 11.46% and 2.94%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Cross Country Healthcare Stock (CCRN)