An announcement from Cross Country Healthcare ( (CCRN) ) is now available.
Cross Country Healthcare reported its third-quarter 2024 financials, showing a revenue of $315.1 million, reflecting a 29% year-over-year drop. Despite a decrease, the company saw growth in Physician and Homecare Staffing and secured a major contract renewal. With $64 million in cash and no debt, they are poised for strategic investments. The company repurchased over 800,000 shares, indicating confidence in long-term profitability amidst stabilizing market conditions.
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