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Revenue up 6% YoY for Cross Country Healthcare

Florida-based Cross Country Healthcare, Inc. has announced its financial results for the first quarter ended 31st March 2016.

 

Revenue was $196.6m compared to $186.0m, up 6% year-over-year.

 

Adjusted EBITDA was $8.5m versus $6.2m, an increase of 38% over the prior year. Adjusted EBITDA margin was 4.3%, up from 3.3% in the prior year, a 100 basis point improvement.

 

Adjusted earnings per share (EPS) was $0.09 compared to $0.03 in the prior year.

 

Cash flow from operations was $2.6m compared to $0.3m in the prior year.

 

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