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.
Due to the pending merger with Aya Healthcare, the company did not provide forward-looking guidance for future periods.
Visualization of income flow from segment revenue to net income