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CROSS COUNTRY HEALTHCARE (CCRN)

Earnings summaries and quarterly performance for CROSS COUNTRY HEALTHCARE.

Recent press releases and 8-K filings for CCRN.

Cross Country Healthcare Announces Q3 2025 Financial Results and Merger Update
CCRN
Earnings
M&A
  • Cross Country Healthcare reported consolidated revenue of $250.1 million for the third quarter ended September 30, 2025, representing a 21% decrease year-over-year and a 9% sequential decrease. The company posted a net loss attributable to common stockholders of $(4.8) million and diluted EPS of $(0.15) for the quarter.
  • Adjusted EBITDA for Q3 2025 was $6.5 million, or 2.6% of revenue, and Adjusted EPS was $0.03.
  • As of September 30, 2025, the company maintained a strong balance sheet with $99 million of cash on-hand and no debt outstanding, generating $20.1 million in cash flows from operations during the quarter.
  • The pending merger with Aya Healthcare is awaiting the expiration of the HSR waiting period, which was set to expire on November 17, 2025 but has been extended due to a government shutdown. The merger end date was extended to December 3, 2025, and the company is currently discussing a further extension.
Nov 12, 2025, 10:03 PM
Cross Country Healthcare Announces Third Quarter 2025 Financial Results and Merger Update
CCRN
Earnings
Demand Weakening
M&A
  • Cross Country Healthcare reported Q3 2025 revenue of $250.1 million, a 21% year-over-year decrease, resulting in a net loss of $(4.8) million and diluted EPS of $(0.15).
  • Despite revenue declines, the company generated $20.1 million in positive cash flow from operations and maintained a strong balance sheet with $99.1 million in cash and no debt as of September 30, 2025.
  • Homecare Staffing revenue grew over 29% year-over-year, and the company secured more than $400 million in new or renewed contract value.
  • The pending merger with Aya Healthcare is subject to FTC review, with the HSR waiting period extended due to a government shutdown, potentially requiring an extension beyond the current December 3, 2025 merger end date.
Nov 12, 2025, 9:56 PM