secwatch.observer — SEC 8-K summary
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Issuer:     CROSS COUNTRY HEALTHCARE INC (CCRN)
CIK:        0001141103
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001628280-24-019637
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cross Country Healthcare Q1 revenue down 39% YoY to $379M; net income falls 91%
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- Revenue $379.2M, down 39% YoY and 8% sequentially.
- Net income $2.7M, down 91% YoY; diluted EPS $0.08 vs -$0.73 in Q1 2023.
- Adjusted EBITDA $15.3M (margin 4.0%), down 71% YoY; adjusted EPS $0.19.
- Cash from operations $6.0M, down 87% YoY.
- Gross margin 20.4%, down 200 bps YoY and 150 bps sequentially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141103/000162828024019637/0001628280-24-019637-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141103/000162828024019637/ccrn-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-019637

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