Throughout 2021, Cross Country Healthcare has delivered strong revenue and improved profitability driven by solid execution as it continues to grow its number of professionals on assignment. As a result, the Company is raising the fourth quarter 2021 guidance for revenue, adjusted EBITDA and adjusted EPS from the prior guidance on November 3, 2021.
"As one of the largest healthcare staffing and workforce solutions providers in the country, we remain focused on growth and sustainable profitability. We look forward to our earnings announcement in late February and building long-term value for our shareholders," said Clark. He continued, "We are entering 2022 on a very strong trajectory and I am excited about the prospect of achieving another year of historic performance. Though we anticipate an eventual softening of bill rates, demand for our services has remained robust and as a result rates have continued to remain elevated."
Q4 2021 Range | Year-over-Year | Sequential | |||
Change | Change | ||||
Revenue | $630 million - $640 million | 192% - 197% | 68% - 71% | ||
Adjusted EBITDA* | $77 million - $82 million | 570% - 613% | 156% - 172% | ||
Adjusted EPS* | $1.32 - $1.42 | $1.13 - $1.23 | $0.71 - $0.81 | ||
https://finance.yahoo.com/news/cross-country-healthcare-announces-co-134500285.html | |||||
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