Cross Country Healthcare ( (CCRN) ) has issued an announcement.
On March 5, 2025, Cross Country Healthcare announced its financial results for the fourth quarter and full year of 2024, revealing a decrease in revenue and profit margins compared to the previous year. Despite a net loss attributable to common stockholders and a decline in adjusted EBITDA, the company experienced growth in its Physician and Homecare Staffing segments and maintained a strong balance sheet with $82 million in cash and no debt. The company also repurchased over 2.4 million shares of common stock in 2024 and secured a three-year contract renewal with its largest managed service program. As the company awaits the closing of a pending transaction with Aya Healthcare, it continues to focus on delivering clinical excellence to meet client needs in a competitive market.
More about Cross Country Healthcare
Cross Country Healthcare, Inc. is a market-leading, tech-enabled workforce solutions and advisory firm with 38 years of industry experience. The company focuses on helping clients address complex labor-related challenges and achieve high-quality outcomes through data-driven insights.
YTD Price Performance: -6.60%
Average Trading Volume: 558,412
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $556.9M
For detailed information about CCRN stock, go to TipRanks’ Stock Analysis page.