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Cross Country Healthcare (CCRN)
NASDAQ:CCRN
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.04Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: the company reported significant revenue declines and a large noncash impairment that pressured profitability in 2025, but it also emphasized a strong balance sheet (no debt, $109M cash), meaningful cost reductions, accelerating weekly production and strategic investments in proprietary technology (Intellify/Xperience) and AI. Management provided cautious near-term guidance (Q1 revenue $235M–$240M; adjusted EBITDA ~$4M–$5M) while outlining a credible path to recovery — targeting a >$1B revenue run-rate and 4%–5% adjusted EBITDA margin by year-end 2026 — backed by redeployed cost savings, headcount optimization, and growth in higher-margin segments (home-based and education). Given the material past declines and impairment but clear remediation plans, the tone is cautiously optimistic with balanced risks and opportunities.Company Guidance
Strong balance sheet and capital flexibility
Ended Q4 with $109 million in cash and no debt, enabling discretionary deployment of capital. Completed share repurchases (December: >800,000 shares for $6.8M; additional ~486,000 shares purchased in Q1). Generated $18M cash from operations in Q4 and $48M for the full year.
Technology-led strategy and product momentum (Intellify & Xperience)
Proprietary platforms Intellify (market-leading workforce intelligence VMS) and Xperience (candidate mobile engagement) positioned as growth engines. Company plans to expand Intellify into home-based and education markets in 2026, has licensed the technology to other staffing firms, and is investing in AI/automation to improve recruiter productivity and operational efficiency.
Cost reductions and redeployment to revenue producers
Full-year SG&A declined to $200M from $233M (down 14% YoY); excluding nonrecurring severance, quarterly SG&A would have been $43M (19% decline YoY) and full year $186M (16% decline YoY). U.S. headcount down ~21% from the start of the year; savings are being redeployed to add dozens of recruiters, account managers and sales professionals with early positive results.
Strong growth in higher-margin, strategic segments
Home-based staffing: Q4 revenue $34M, up 34% YoY; annualized run-rate north of $140M with continued mid- to double-digit growth. Education staffing: Q4 revenue $18M, up 48% sequentially and full-year revenue $71M with ~28% gross margin. These segments are expected to help expand consolidated margins.
Stabilizing demand and improving operational momentum
Weekly production since start of 2026 has outpaced Q4 2025; travelers on assignment expected to be flat to up slightly sequentially and projected to grow each month into Q2. Q1 2026 guidance: revenue $235M–$240M and adjusted EBITDA $4M–$5M (~2% margin). Management targets exiting 2026 with revenue run-rate >$1B and adjusted EBITDA margin of 4%–5%.
Gross margin stability despite headwinds
Q4 gross profit $48M with a consolidated gross margin of 20.3% (down 10 bps sequentially but up 30 bps YoY). Gross margin ranged ~20.0%–20.4% during the year, with management planning mix and higher-margin growth to support margin expansion.
CCRN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CCRN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 04, 2026 | $9.13 | $9.89 | +8.32% |
Nov 12, 2025 | $12.65 | $10.87 | -14.07% |
Aug 06, 2025 | $13.10 | $12.53 | -4.35% |
May 07, 2025 | $13.84 | $13.90 | +0.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cross Country Healthcare (CCRN) report earnings?
Cross Country Healthcare (CCRN) is schdueled to report earning on May 06, 2026, After Close (Confirmed).
What is Cross Country Healthcare (CCRN) earnings time?
Cross Country Healthcare (CCRN) earnings time is at May 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CCRN EPS forecast?
CCRN EPS forecast for the fiscal quarter 2026 (Q1) is -0.04.