BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — Cross Country Healthcare Inc. (CCRN) on Wednesday reported a loss of $82.9 million in its fourth quarter.
The Boca Raton, Florida-based company said it had a loss of $2.56 per share. Losses, adjusted for one-time gains and costs, came to 6 cents per share.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The provider of health care staffing and workforce management services posted revenue of $236.8 million in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $252.3 million.
For the year, the company reported a loss of $94.9 million, or $2.93 per share. Revenue was reported as $1.05 billion.
For the current quarter ending in March, Cross Country expects its results to range from a loss of 6 cents per share to a loss of 4 cents per share.
The company said it expects revenue in the range of $235 million to $240 million for the fiscal first quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCRN at https://www.zacks.com/ap/CCRN
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