Cross Country Healthcare Announces Fourth Quarter and Full Year 2021 Financial Results

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[{"type":"text","content":" BOCA RATON, Fla.--(BUSINESS WIRE)--\nCross Country Healthcare, Inc. (the \"Company\") (Nasdaq: CCRN) today announced financial results for its fourth quarter and full year ended December 31, 2021.\n\nSELECTED FINANCIAL INFORMATION:\n\n\nDollars are in thousands, except per share amounts\n\nQ4 2021\n\n\n\nVariance\nQ4 2021 vs\nQ4 2020\n\n\n\nVariance\nQ4 2021 vs\nQ3 2021\n\n\n\nFull Year 2021\n\n\n\nVariance\n2021 vs\n2020\n\n\n\n\n\nRevenue\n\n\n\n$\n\n\n\n640,679\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n197\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n71\n\n\n\n \n\n\n\n%\n\n\n\n$\n\n\n\n1,676,652\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n100\n\n\n\n \n\n\n\n%\n\n\n\n\n\nGross profit margin*\n\n\n\n \n\n\n\n23.0\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n(220\n\n\n\n)\n\n\n\nbps\n\n\n\n \n\n\n\n60\n\n\n\n \n\n\n\nbps\n\n\n\n \n\n\n\n22.4\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n(180\n\n\n\n)\n\n\n\nbps\n\n\n\n\n\nNet income attributable to common stockholders\n\n\n\n$\n\n\n\n77,573\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n1,582\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n231\n\n\n\n \n\n\n\n%\n\n\n\n$\n\n\n\n132,002\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n1,118\n\n\n\n \n\n\n\n%\n\n\n\n\n\nDiluted EPS\n\n\n\n$\n\n\n\n2.07\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n1.94\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n1.45\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n3.53\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n3.89\n\n\n\n \n\n\n\n \n\n\n\n\n\nAdjusted EBITDA*\n\n\n\n$\n\n\n\n80,933\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n604\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n169\n\n\n\n \n\n\n\n%\n\n\n\n$\n\n\n\n162,053\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n346\n\n\n\n \n\n\n\n%\n\n\n\n\n\nAdjusted EBITDA margin*\n\n\n\n \n\n\n\n12.6\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n730\n\n\n\n \n\n\n\nbps\n\n\n\n \n\n\n\n460\n\n\n\n \n\n\n\nbps\n\n\n\n \n\n\n\n9.7\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n540\n\n\n\n \n\n\n\nbps\n\n\n\n\n\nAdjusted EPS*\n\n\n\n$\n\n\n\n1.40\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n1.21\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.79\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n3.06\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n2.60\n\n\n\n \n\n\n\n \n\n\n\n\n\nCash flows from operations\n\n\n\n$\n\n\n\n(73,365\n\n\n\n)\n\n\n\n \n\n\n\n \n\n\n\n(3,903\n\n\n\n)\n\n\n\n%\n\n\n\n \n\n\n\n(2,491\n\n\n\n)\n\n\n\n%\n\n\n\n$\n\n\n\n(85,618\n\n\n\n)\n\n\n\n \n\n\n\n \n\n\n\n(415\n\n\n\n)\n\n\n\n%\n\n\n\n\n* Refer to accompanying tables and discussion of non-GAAP (Generally Accepted Accounting...

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