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Cross Country Healthcare, Inc.
Cross Country Healthcare Reports Second Quarter 2008 Results
August 23rd, 2008
Cross Country Healthcare, Inc. (Nasdaq:CCRN) reported revenue of $171.0 million in the second quarter ended June 30, 2008, a 3% decrease from revenue of $175.3 million in the prior year quarter. Net income for the second quarter of 2008 increased 17% to $6.4 million, or $0.21 per diluted share, versus net income of $5.5 million, or $0.17 per diluted share in the prior year quarter. Cash flow from operations for the second quarter of 2008 was $15.8 million. For the six months ended June 30, 2008, the Company generated revenue of $350.2 million and net income of $12.2 million, or $0.39 per diluted share. This compares to revenue of $351.4 million and net income of $10.3...
Source: Law & Health Weekly (2008-08-23)
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