Cross Ctry Healthcare Inc Stock Price, News & Analysis

Cross Country Healthcare announced strong Q3 2021 results with revenue of $374.9 million, a 93% increase year-over-year and 13% sequential growth. Net income surged to $23.4 million, while diluted EPS rose to $0.62. Adjusted EBITDA reached $30.1 million, marking a 250% year-over-year increase. Year-to-date revenue surpassed $1 billion for the first time, reflecting robust growth across all segments. For Q4 2021, the company projects revenue between $580 million and $590 million, representing a 169% to 174% year-over-year increase.

Cross Country Healthcare (CCRN) has announced its participation in the Credit Suisse 30th Annual Virtual Healthcare Conference scheduled for November 8-11, 2021. Key executives, including William J. Burns, Executive Vice President & CFO, and John Martins, Group President Delivery, will hold one-on-one investor meetings. No formal presentation is planned. Cross Country Healthcare is recognized for its excellence in talent management and was awarded the Best of Staffing® Award for multiple years, highlighting its commitment to high-quality service and diversity initiatives.

Cross Country Healthcare, Inc. (CCRN) will host a quarterly conference call on November 3, 2021, at 5:00 p.m. Eastern Time to discuss its third quarter 2021 financial results. Earnings press release will be distributed post-market closure on the same day. The call can be accessed via the Company’s website or by phone. A replay will be available until November 17, 2021. Cross Country Healthcare offers strategic workforce solutions and has over 35 years of industry expertise, having earned multiple awards for service excellence and workplace culture.

Cross Country Healthcare, Inc. has published its 2020 Corporate Social Responsibility (CSR) Report, highlighting its commitment to community engagement, diversity, and environmental sustainability. Key initiatives include establishing industry pricing guidelines during the COVID-19 pandemic, providing 24/7 support for healthcare workers, and enhancing workforce diversity with 25% female and 13% minority directors. The company aims to drive climate action through reduced resource use and a new remote workforce model. For complete details, see the full CSR report here.

Cross Country Healthcare, Inc. (Nasdaq: CCRN) is set to participate in the 14th Annual Barrington Research Virtual Fall Investment Conference on September 9, 2021. CEO Kevin C. Clark and CFO William J. Burns will engage in one-on-one investor meetings, although no formal presentation is planned. With over 35 years of experience, Cross Country Healthcare is a leader in total talent management for healthcare, providing strategic workforce solutions and staffing services. The company has received multiple accolades for service quality and continues to emphasize diversity and inclusion in its corporate strategy.

Cross Country Healthcare, a leader in workforce solutions for healthcare, has been awarded the Great Place to Work Certification for 2021. This certification reflects the positive employee experience, with 77% of employees rating it as a great workplace compared to the 59% average among U.S. companies. The recognition is based on employee feedback, emphasizing the company's focus on fostering a valued workplace culture. This accolade highlights Cross Country's commitment to employee satisfaction, retention, and organizational success.

Cross Country Healthcare (Nasdaq: CCRN) reported Q2 2021 financial results with revenue of $331.8 million, a 53% increase year-over-year. The gross profit margin was 21.9%, down 150 basis points from last year. Net income attributable to shareholders reached $11.5 million, a significant improvement from a net loss of $14.2 million a year earlier. Diluted EPS was $0.31, down from $0.53 in Q1 2021. Looking ahead, management expects Q3 revenue between $310 million and $320 million, representing a 60% - 65% year-over-year increase, despite sequential declines.

Cross Country Healthcare (Nasdaq: CCRN) has announced updated dial-in numbers for its quarterly conference call to discuss Q2 2021 financial results, scheduled for August 4, 2021, at 5:00 p.m. ET. The previous numbers are now obsolete. The conference call will be accessible via the company’s website and by phone. A replay of the call will be available until August 18, 2021. Cross Country Healthcare specializes in talent management for healthcare, providing solutions in staffing and consulting while maintaining high-quality service standards.