Cross Country Healthcare Q1 2025 Earnings Report
Key Takeaways
Cross Country Healthcare reported first quarter 2025 financial results with consolidated revenue of $293.4 million, a decrease of 23% year-over-year. The company posted a net loss of $0.5 million and adjusted EPS of $0.06. Despite the overall revenue decline, Homecare Staffing, Physician Staffing, and Cross Country Education segments experienced growth. The company maintained a strong balance sheet with $80.7 million in cash and no debt, while continuing to work towards the pending merger with Aya Healthcare.
Consolidated revenue was $293.4 million, a decrease of 23% year-over-year.
The company reported a net loss attributable to common stockholders of $0.5 million and adjusted EPS of $0.06.
Homecare Staffing and Physician Staffing segments experienced year-over-year revenue growth.
The company ended the quarter with a strong balance sheet, including $80.7 million in cash and no debt, as it progresses towards the pending Aya Healthcare merger.
Cross Country Healthcare
Cross Country Healthcare
Cross Country Healthcare Revenue by Segment
Forward Guidance
Due to the pending merger with Aya Healthcare, the company did not provide forward-looking guidance for future periods.
Revenue & Expenses
Visualization of income flow from segment revenue to net income