Cross Country Healthcare ( (CCRN) ) has released its Q3 earnings. Here is a breakdown of the information Cross Country Healthcare presented to its investors.
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Cross Country Healthcare, Inc. is a tech-enabled workforce solutions and advisory firm specializing in healthcare staffing and services. The company recently released its third-quarter 2025 financial results, highlighting a challenging period with a notable decrease in revenue and a net loss. Despite these challenges, Cross Country Healthcare reported a strong performance in its Homecare Staffing segment, with a 29% revenue increase over the previous year. The company also emphasized its healthy balance sheet, boasting $99 million in cash and no debt. Key financial metrics revealed a 21% year-over-year revenue decline to $250.1 million, with a net loss of $4.8 million. However, the company achieved positive cash flow from operations, amounting to $20 million for the quarter. Looking ahead, Cross Country Healthcare remains focused on its pending merger with Aya Healthcare, which is expected to transform the company into a private entity. The management remains optimistic about delivering quality and value to clients while leveraging its proprietary technology platforms.