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Cross Country Healthcare Announces Fourth Quarter and Full Year 2024 Financial Results

1. CCRN revenue decreased by 25% in Q4 2024 compared to Q4 2023. 2. Full year revenue also dropped by 33%, indicating financial struggles.

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FAQ

Why Very Bearish?

The significant revenue decline and reduced gross profit margin suggest ongoing challenges, resembling past downturns in similar sectors.

How important is it?

The dramatic drop in revenue directly affects investor confidence and market perception.

Why Short Term?

Immediate financial results often impact stock price quickly, reflected in rapid market reactions.

Related Companies

HCRAMNTMCI
BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) today announced financial results for its fourth quarter and full year ended December 31, 2024. SELECTED FINANCIAL INFORMATION: Dollars are in thousands, except per share amounts Q4 2024 Variance Q4 2024 vs Q4 2023 Variance Q4 2024 vs Q3 2024 Full Year 2024   Variance 2024 vs 2023 Revenue $ 309,940       (25 ) %   (2 ) % $ 1,344,004       (33 ) % Gross profit margin*   20.0   %   (190 ) bps   (40 ).

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