شناسهٔ خبر: 47057618 - سرویس سیاسی
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Cross Country: Q1 Earnings Snapshot

BOCA RATON, Fla. (AP) _ Cross Country Healthcare Inc. (CCRN) on Wednesday reported first-quarter net income of $19.4 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Boca Raton, Florida-based company said it had net income of 53 cents...

صاحب‌خبر -

BOCA RATON, Fla. (AP) _ Cross Country Healthcare Inc. (CCRN) on Wednesday reported first-quarter net income of $19.4 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Boca Raton, Florida-based company said it had net income of 53 cents. Earnings, adjusted for one-time gains and costs, came to 58 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

The provider of health care staffing and workforce management services posted revenue of $329.2 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $287.8 million.

For the current quarter ending in July, Cross Country expects its per-share earnings to range from 37 cents to 42 cents.

The company said it expects revenue in the range of $300 million to $310 million for the fiscal second quarter.

Cross Country shares have climbed 60% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.19, more than doubling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCRN at https://www.zacks.com/ap/CCRN

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