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Cross Country Healthcare, Inc.
Cross Country Healthcare Reports First Quarter 2008 Results
May 24th, 2008
Cross Country Healthcare, Inc. (Nasdaq:CCRN) reported revenue of $179.3 million in the first quarter ended March 31, 2008, a 2% increase from the prior year quarter. Net income for the first quarter was $5.9 million, or $0.19 per diluted share, versus $0.15 per diluted share in the prior year quarter, a 27% increase. In the first quarter of 2007, the Company reported revenue of $176.1 million and net income of $4.8 million. Cash flow from operations for the first quarter of 2008 was $11.3 million. "Overall, I am very pleased with our first quarter performance, which included a substantial improvement in profit margins. Results exceeded our expectations across all three...
Source: Law & Health Weekly (2008-05-24)
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