Cross Country Healthcare reports Q1 adjusted EPS 6c, consensus 7c

Reports Q1 revenue $293.41M, consensus $314.82M. “Our first quarter results reflect solid execution with both Homecare and Physician Staffing business reporting solid year over year growth. As the market for core nurse and allied continues to stabilize, we remain focused on driving productivity across our business, leveraging our investments in AI automation as well as our cost-effective center of excellence in India to fuel efficiency and improved profitability. Looking ahead, we continue working with Aya Healthcare and the Federal Trade Commission towards the successful consummation of the merger transaction in the second half of this year. We recently learned of the passing of Alan Braynin, founder, former CEO & President of Aya Healthcare, and our hearts go out to his family, friends and to the thousands of Aya employees. Alan was a pioneer and transformational force in the healthcare staffing industry whose presence will be missed by many,” said John Martins, President and Chief Executive Officer of Cross Country Healthcare (CCRN).