---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-005913"
form_type: "8-K"
ticker: "CCRN"
cik: "0001141103"
company_name: "CROSS COUNTRY HEALTHCARE INC"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T21:43:00.649009+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cross Country Healthcare Q4 net income drops 77% on 34% revenue decline

## Summary
- Q4 2023 revenue $414M, down 34% YoY and 6% sequentially; full year revenue $2.02B, down 28%.
- Q4 net income $9.0M (-77% YoY); diluted EPS $0.26 vs $1.05 in Q4 2022.
- Q4 adjusted EBITDA $20.6M (-64% YoY); margin 5.0%, down 410 bps YoY.
- Q4 cash from ops $12.1M (+179% YoY); full year cash from ops $248.5M (+85% YoY).
- Full year adjusted EPS $2.23 vs $5.27 in 2022; net income $72.6M (-61% YoY).

## SEC filing metadata
- accession: 0001628280-24-005913
- form_type: 8-K
- ticker: CCRN
- cik: 0001141103
- company_name: CROSS COUNTRY HEALTHCARE INC
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141103/000162828024005913/0001628280-24-005913-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141103/000162828024005913/ccrn-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-005913
- JSON: https://secwatch.observer/filing/0001628280-24-005913.json
- Plain text: https://secwatch.observer/filing/0001628280-24-005913.txt

## Key facts
- Earnings Releases
  CROSS COUNTRY HEALTHCARE INC reported financial results for full year ended December 31, 2023.
  - Period: full year ended December 31, 2023
  - Result: reported results
  source text: On February 21, 2024, Cross Country Healthcare, Inc. (“the Company”) issued a press release announcing results for the fourth quarter and full year ended December 31, 2023, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141103/000162828024005913/0001628280-24-005913-index.htm
- Earnings Releases
  CROSS COUNTRY HEALTHCARE INC reported financial results for fourth quarter ended December 31, 2023.
  - Period: fourth quarter ended December 31, 2023
  - Result: reported results
  source text: On February 21, 2024, Cross Country Healthcare, Inc. (“the Company”) issued a press release announcing results for the fourth quarter and full year ended December 31, 2023, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141103/000162828024005913/0001628280-24-005913-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.