secwatch.observer — SEC 8-K summary
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Issuer:     CROSS COUNTRY HEALTHCARE INC (CCRN)
CIK:        0001141103
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001157523-22-001485
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cross Country Healthcare Q3 revenue $636.1M (+70% YoY); guides Q4 revenue $590-600M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141103/000115752322001485/0001157523-22-001485-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141103/000115752322001485/a52957594.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001485

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer