earnings
confidence high
sentiment neutral
materiality 0.75
Cross Country Healthcare Q3 revenue $636.1M (+70% YoY); guides Q4 revenue $590-600M
CROSS COUNTRY HEALTHCARE INC
2022-Q3 EPS reported
$3.97
revenue$2,178,391,000
- Revenue $636.1M (+70% YoY, -16% sequential); net income $34.8M ($0.93 diluted EPS).
- Adjusted EBITDA $63.8M (10.0% margin), down 24% sequentially from $83.5M.
- Repurchased 1M shares for $24.3M at avg $23.97; $87.2M remaining under $100M buyback.
- Q4 guidance: Revenue $590-600M (down 6-8% YoY); Adjusted EPS $0.85-$0.95.
- Cash from ops $140.6M; closed Mint and Lotus locum tenens acquisitions in October.