Fourth quarter consolidated revenue was $640.7 million, an increase of 197% year-over-year and 71% sequentially. Do the numbers hold clues to what lies ahead for the stock? on average during the next 3 years, while revenues in the Healthcare industry in the US are expected to grow by 7.5%. View company. Cross Country (CCRN) delivered earnings and revenue surprises of 3.70% and 1.62%, respectively, for the quarter ended June 2022. Klicken Sie auf Einstellungen verwalten, um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. For the quarter ended September 30, 2022, revenue from services increased 70% year-over-year to $636.1 million, due to continued growth in both our Nurse and Allied Staffing and Physician Staffing segments. Read more about these checks in the individual report sections or in our. SIA is the Global Advisor on Staffing and Workforce Solutions. Cross Country Healthcare revenue is $836.4M annually. Azenta (NASDAQ:AZTA shareholders incur further losses as stock declines 8.1% this week, taking one-year losses to 66%, As Thermo Fisher Scientific Inc.'s (NYSE:TMO)) market cap dropped by US$10b, insiders who sold US$4.7m worth of stock were able to offset their losses. Cross Country Healthcare has 8,891 employees, and the revenue per employee ratio is $94,072. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Cross Country Healthcare stock opened at $28.37 on Monday. His 20 years of healthcare leadership experience has played an instrumental part in defining the Company's long-term strategic direction. EPS: US$0.94 (up from US$0.63 in 3Q 2021). Ebitda can be defined as earnings before interest, taxes, depreciation and amortization. Our advanced technology stack is driving internal efficiency and productivity gains, as well as increases in client and candidate engagement, said President and CEO John Martins. Have feedback on this article? Shares in Cross Country were down 5.52% to $19.84 as of 12:35 p.m. Eastern time, they were 107.10% above their 52-week low, according to FT.com. August 04, 2022 Email Facebook Tweet LinkedIn Second-quarter revenue rose 127.1% at Cross Country Healthcare Inc. (NASDAQ: CCRN). Aug 4, 2021, 5:00 p.m. Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. John A. Martins is the President and CEO of Cross Country Healthcare and sits on the Company's board of directors. 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Earnings, adjusted for one-time gains and costs, were $1.07 per share. Is Now The Time To Look At Buying Cross Country Healthcare, Inc. (NASDAQ:CCRN)? The Boca Raton, Florida-based healthcare staffing firm reported revenue . After extensive research and analysis, Zippia's data science team found the following key financial metrics. 2019 Proxy. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Cross Country Healthcare ( NASDAQ:CCRN) Third Quarter 2022 Results Key Financial Results Revenue: US$636.1m (up 70% from 3Q 2021). Cross Country Healthcare (CCRN) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.35 per share. Following the upgrade, the current consensus from Cross Country Healthcare's eight analysts is for revenues of US$920m in 2021 which - if met - would reflect a notable 10% increase on its sales . Annual Revenue According to Cross Country Healthcare 's latest financial reports the company's current revenue (TTM) is $2.55 B . Our proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor Cross Country Healthcare revenue up 69.7% in Q3, exceeds upwardly revised guidance. Sie knnen Ihre Einstellungen jederzeit ndern. Find top employees, contact details and business statistics at RocketReach. Cross Country Healthcare earned 132M US dollars in net income (profit) last year or $1.4 on an earnings per share basis. Summary of Operations. Looking ahead, co-founder and CEO Kevin Clark said the company is entering 2022 with continued growth and continued demand along with elevated rates. Dies geschieht in Ihren Datenschutzeinstellungen. ABOUT CROSS COUNTRY HEALTHCARE Cross Country Healthcare Inc. (NASDAQ: CCRN) reported third-quarter revenue jumped 69.7% year over year to $636.1 million, exceeding the high end of recently updated guidance. Yahoo Finance Founded in 1989, Staffing Industry Analysts is the global advisor on staffing and workforce solutions. In Cross Countrys nurse and allied segment, revenue per full-time equivalent per day rose to $526 in the third quarter from $425 in the year-ago quarter. Revenue: US$636.1m (up 70% from 3Q 2021). The company currently specializes in the Staffing and Recruiting, Health Care Services, Health Care Facilities areas. 6551 Park of Commerce Blvd. . Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. The company has a market cap of $1.34 billion. Martins said the company is well positioned heading into 2023 and confident it will meet or exceed its annual targets given the pipeline of MSP opportunities, the ongoing rollout of its proprietary vendor-neutral offering, Intellify, and continued investments in people and technology. Peak Revenue $836.4M (2021) Profit margin: 5.5% (down from 6.3% in 3Q 2021). 14 min read BOCA RATON, Fla., February 23, 2022 -- ( BUSINESS WIRE. MOVIES. They are a market leader in providing flexible workforce management solutions, which include managed services programs (MSP), internal resource pool consulting and development, electronic medical record (EMR) transition staffing, recruitment process outsourcing, predictive modeling and other outsourcing and consultative services. Profit margin: 5.5% (down from 6.3% in 3Q 2021). 2020 Proxy 474 KB. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. Cross Country also noted average bill rates rose in this segment thanks to significant demand for service, continuing impacts of Covid-19 and the overall tight labor supply. ET. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und seine Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Fourth-quarter revenue at Cross Country Healthcare Inc. (NASDAQ: CCRN) jumped 197.2% year over year and is above guidance. Please read our Financial Services Guide before deciding whether to obtain financial services from us. Please check your download folder. Net income: US$34.8m (up 49% from 3Q 2021). Fourth-quarter revenue at Cross Country Healthcare Inc. (NASDAQ: CCRN) jumped 197.2% year over year and is above guidance. Please check your download folder. They are able to place clinicians on travel and per diem assignments, local short-term contracts and permanent positions. Cross Country Healthcare, Inc. has a 1 year low of $15.26 and a 1 year high of $30.51. Cross Country Healthcare Inc. (NASDAQ: CCRN) reported second-quarter revenue jumped 53.1% and exceeded the high end of guidance. Cross Country Healthcare Revenue 2010-2022 | CCRN. Gross margin is expected to range from down by 20 basis points year over year to up by 30 basis points. Also, the Boca Raton, Florida-based healthcare staffing firm announced the launch of its Intellify vendor management system for MSPs. Cross Country Healthcare peak revenue was $836.4M in 2021. Cross Country Healthcare ( NASDAQ:CCRN ) Third Quarter 2022 Results Key Financial Results Revenue: US$636.1m (up 70. EPS Shares Outstanding Cross Country Healthcare revenue from 2010 to 2022. -- Earnings Flash (CCRN) CROSS COUNTRY HEALTHCARE Reports Q3 Revenue $636.1M, vs. Street Est of $618.5M-- Earnings Flash (CCRN) CROSS COUNTRY HEALTHCARE Reports Q3 Revenue $636.1M, vs. Street Est of $618.5M Cross Country Healthcare (CCRN) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.35 per share. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. The number of travel nurses in the segment more than doubled year over the year and the company also gained headcount through the Cross Country Workforce Solutions Group acquisition. On a per-share basis, the Boca Raton, Florida -based company said it had profit of 93 cents. Cross Country Healthcare Financials Summary financials Revenue ( Q2, 2022) $753.6M Gross profit ( Q2, 2022) $170.4M Net income ( Q2, 2022) $52.9M Cash ( Q2, 2022) $279.0K EBIT ( Q2, 2022) $78.8M Enterprise value $1.3B Competitors and similar companies AMN Healthcare Healthcare - Public Texas Health Resources Healthcare - Private Kare Partners Gross margin also improved at the Boca Raton, Florida-based company. However, higher indirect costs drove a decrease in contribution income to $800,000 from $900,000 in the prior year. A replay of the webcast will be available from November 2nd through November 16th on the Company's website and a replay of the conference call will be available by telephone by calling 866-430-4724 from anywhere in the U.S. or 203-369-0926 from non- U.S. locations - Passcode: 1339. Toll Free: (800) 347 - 2264. Business Hours. The year-over-year revenue increase was primarily driven by an increase in professionals on assignment and volume growth. Cross Country reported the average number of field personnel in its nurse and allied staffing segment was 11,520 on a full-time equivalent basis in the fourth quarter, up from 5,798 in the fourth quarter of 2020. Net income: US$34.8m (up 49% from 3Q 2021). 2020 Proxy. Local: (561) 998 - 2232. Cross Country Healthcare revenue. Performance of the American Healthcare industry. Cross Country Healthcare Revenue. NEWS. The company's shares are up 1.0% from a week ago. The company issued revenue guidance of $590.00 million-$600.00 million, compared to the consensus revenue estimate of $544.79 million. 2017 Proxy. STYLE. Cross Country Healthcare has a market capitalization of 1.44B and it's past years' income statements indicate that its last revenue has increased compared to the previous period by 100.46% to 1.68B US dollars. Revenue exceeded analyst estimates by 2.2%. Cross Country Healthcare is a public company that has been in the industry for 36 years. The decrease in margin was driven by higher expenses. In Cross Countrys physician staffing segment, revenue rose 23.3% in the fourth quarter amid an increase in volume in several specialties. Cross Country Healthcare (NASDAQ:CCRN - Get Rating) issued an update on its fourth quarter 2022 earnings guidance on Wednesday morning.The company provided EPS guidance of $0.85-$0.95 for the period, compared to the consensus EPS estimate of $0.74. We aim to bring you long-term focused analysis driven by fundamental data. HOME. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Header placeholder lorem ipsum dolor sit amet, consectetur adipiscing elit. Revenue; Business Services: Staffing Services: $1.380B: $1.677B: Cross Country Healthcare, Inc. is a national leader in providing innovative healthcare workforce solutions and staffing services. Our proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor Cross Country Healthcare revenue surges 197% in Q4. The company had revenue of $753.56 million for the quarter, compared to the consensus estimate of $741.57 million. Cross Country Healthcare, Inc. today announced financial results for its third quarter ended September 30, 2022. The results exceeded Wall Street expectations. However, gross margin narrowed at the Boca Raton, Florida-based . If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Revenue ($) Cross Country Healthcare revenue was $836.42 m in FY, 2020. Profit margin:. Annual. Cross Country Healthcare Inc. (NASDAQ: CCRN) reported third-quarter revenue jumped 69.7% year over year to $636.1 million, exceeding the high end of recentlyupdated guidance. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. It just shows that I love Cross Country because they are always there for me no matter what. Their diverse client base includes both clinical and nonclinical settings, servicing acute care hospitals, physician practice groups, outpatient and ambulatory-care centers, nursing facilities, both public schools and charter schools, rehabilitation and sports medicine clinics, government facilities, and homecare. CCRN earnings call for the period ending June 30, 2021. Quarterly. Monday - Friday: 9:00 AM - 10:00 PM EST All figures shown in the chart above are for the trailing 12 month (TTM) period, Cross Country Healthcare Revenues Beat Expectations, EPS Falls Short. Who is Cross Country Healthcare Founded in 1975, Cross Country Healthcare provides healthcare staffing services and outsourcing services to the healthcare market that includes nurse and allied Read More Phone Number: (561) 998-2232 Website: www.crosscountryhealthcare.com Revenue: $1 Billion Stock Symbol: CCRN Cross Country Healthcare's Social Media Cross Country Healthcare ( NASDAQ:CCRN ) Third Quarter 2022 Results Key Financial Results Revenue: US$636.1m (up 70. Cross Country Healthcare, Inc. (the . Cross Country Healthcare, Inc. is a national leader in providing innovative healthcare workforce solutions and staffing services. 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