Cross Country Healthcare, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
February 23, 2022 at 04:15 pm EST
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Cross Country Healthcare, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported net income was USD 77.57 million compared to USD 4.61 million a year ago. Basic earnings per share from continuing operations was USD 2.1 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 2.07 compared to USD 0.13 a year ago.
For the full year, net income was USD 132 million compared to net loss of USD 12.96 million a year ago. Basic earnings per share from continuing operations was USD 3.6 compared to basic loss per share from continuing operations of USD 0.36 a year ago. Diluted earnings per share from continuing operations was USD 3.53 compared to diluted loss per share from continuing operations of USD 0.36 a year ago.
Cross Country Healthcare, Inc. is a technology-enabled workforce solution and advisory company. It operates through two segments: Nurse and Allied Staffing and Physician Staffing. The Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and allied professionals, and healthcare leaders within nursing, allied, physician, and human resources; vendor neutral programs and managed service programs (MSP); education healthcare services; in-home care services; and outsourcing services. The Physician Staffing segment provides physicians in many specialties, as well as certified registered nurse anesthetists, nurse practitioners, and physician assistants as independent contractors on temporary assignments throughout the United States at various healthcare facilities, such as acute and non-acute care facilities, government facilities and managed care organizations.
CROSS COUNTRY HEALTHCARE, INC. 
