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, Inc. (CCRN) CEO Kevin Clark on Q4 2021 Results - Earnings Call Transcript

Cross Country (CCRN) delivered earnings and revenue surprises of 3.70% and 4.79%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Cross Country Healthcare (CCRN) Q4 Earnings and Revenues Surpass 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, 2021. SELECTED FINANCIAL INFORMATION: Dollars are in thousands, except per share amounts Q4 2021 Variance Q4 2021 vs Q4 2020 Variance Q4 2021 vs Q3 2021 Full Year 2021 Variance 2021 vs 2020 Revenue $ 640,679       197   %   71   % $ 1,676,652       100   % Gross profit margin*   23.0   %   (220 ) bps   60   bps

Cross Country Healthcare Announces Fourth Quarter and Full Year 2021 Financial Results

Cross Country Healthcare's (CCRN) fourth-quarter 2021 earnings and revenues are expected to have increased year over year.

Will Cross Country Healthcare (CCRN) Beat on Earnings in Q4?

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Cross Country Healthcare (CCRN) Crossed Above the 200-Day Moving Average: What That Means for Investors

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Cross Country Healthcare (CCRN) Crossed Above the 20-Day Moving Average: What That Means for Investors

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare (NASDAQ: CCRN), a market leading workforce solutions and tech-enabled staffing, recruitment and advisory services firm, is pleased to announce that Colin McDonald has been promoted from Senior Vice President of Human Resources to Chief Human Resources Officer. With over 20 years of experience in the human resources industry, McDonald has made a significant impact across many areas of the company, helping shape business strategy and tal

Cross Country Healthcare Announces Colin McDonald Promoted to Chief Human Resources Officer

The mean of analysts' price targets for Cross Country (CCRN) points to a 25.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Can Cross Country (CCRN) Climb 25% to Reach the Level Wall Street Analysts Expect?

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BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to present at the Oppenheimer 32nd Annual Virtual Healthcare Conference on Wednesday, March 16, 2022 at 2:00 p.m. Eastern Time. John Martins, Group President Delivery, and William J. Burns, Executive Vice President & Chief Financial Officer, will be attending the conference. An audio webcast and presentation for this conference will be available on the Compan

Cross Country Healthcare to Present at Oppenheimer's 32nd Annual Virtual Healthcare Conference

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare (NASDAQ: CCRN), a market leading workforce solutions and tech-enabled staffing, recruitment and advisory services firm, is proud to announce it has won several of ClearlyRated's 2022 Best of Staffing awards. Presented in partnership with presenting sponsor Indeed and gold sponsor Talent.com, ClearlyRated's Best of Staffing Award winners have proven to be industry leaders in service quality based entirely on ratings provided by their cl

Cross Country Healthcare Brands Win Multiple ClearlyRated 2022 Best of Staffing® Awards

Cross Country Healthcare (CCRN) closed at $21.83 in the latest trading session, marking a +0.46% move from the prior day.

Cross Country Healthcare (CCRN) Gains But Lags Market: What You Should Know

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc., (Nasdaq: CCRN), a market-leading workforce solutions and tech-enabled staffing, recruitment, and advisory services firm, announced that it has earned Energage's 2022 Top Workplaces USA award for the second year in a row. Awarded by Energage, the Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations across 60 markets for regional Top Workplaces awards. "We a

Energage Names Cross Country Healthcare a Winner of the 2022 Top Workplaces USA Award

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BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Education, a division of Cross Country Healthcare, Inc., (NASDAQ: CCRN), has acquired substantially all the assets of Selected, a cloud-based matching and hiring talent platform that pairs educators with schools based on mutually shared preferences to ensure a tailored and long-term fit. “Cross Country is investing in new ways for organizations to nurture and create talent pools to ensure a balanced talent equilibrium across the healthcare and ed

Cross Country Education Announces Acquisition of Selected

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 2021 financial results on Wednesday, February 23, 2022 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 23, 2022. This call will be webcast live and can be accessed at the Company's website at ir.crosscountryhealthcare

Cross Country Healthcare Announces Fourth Quarter and Full Year 2021 Earnings Release Date and Conference Call Information

Cross Country (CCRN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Cross Country (CCRN)

Cross Country (CCRN) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Here's Why Cross Country (CCRN) is Poised for a Turnaround After Losing 35.9% in 4 Weeks

Cross Country Healthcare (CCRN) closed at $23.55 in the latest trading session, marking a -1.63% move from the prior day.

Cross Country Healthcare (CCRN) Stock Sinks As Market Gains: What You Should Know

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If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Cross Country Healthcare (CCRN).

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

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

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