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Sep 30, 2024
Cross Country Healthcare Q3 2024 Earnings Report
Announced third quarter 2024 financial results, reflecting revenue, Adjusted EBITDA, and Adjusted EPS within guidance ranges.
Key Takeaways
Cross Country Healthcare's third quarter results showed stabilization across the core business with momentum in Homecare, Physician, and Education Staffing. Revenue was $315.1 million, a decrease of 29% year-over-year, and net income attributable to common stockholders was $2.6 million.
Revenue, Adjusted EBITDA, and Adjusted EPS all within guidance ranges
Physician Staffing and Homecare Staffing experienced sequential and year-over-year revenue growth
Secured a three-year contract renewal with our largest managed service program
Continued strong balance sheet with $64 million of cash on hand and no debt as of September 30, 2024
Revenue by Segment
Forward Guidance
The guidance below applies to management’s expectations for the fourth quarter of 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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