Cross Nation: 4Q Earnings Snapshot

BOCA RATON, Fla. (AP) _ Cross Nation Healthcare Inc. (CCRN) on Wednesday reported a lack of $1.1 million in its fourth quarter.

On a per-share foundation, the Boca Raton, Florida-based firm mentioned it had a lack of three cents. Earnings, adjusted for one-time beneficial properties and prices, got here to 7 cents per share.

The outcomes surpassed Wall Avenue expectations. The typical estimate of 4 analysts surveyed by Zacks Funding Analysis was for earnings of 6 cents per share.

The supplier of well being care staffing and workforce administration companies posted income of $215.1 million within the interval, additionally beating Avenue forecasts. 4 analysts surveyed by Zacks anticipated $208.5 million.

For the yr, the corporate reported that its loss widened to $57.7 million, or $1.61 per share. Income was reported as $822.2 million.

For the present quarter ending in April, Cross Nation mentioned it expects income within the vary of $207 million to $212 million.

Cross Nation shares have declined 14% for the reason that starting of the yr. Within the remaining minutes of buying and selling on Wednesday, shares hit $9.96, an increase of 24% within the final 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing information from Zacks Funding Analysis. Entry a Zacks inventory report on CCRN at https://www.zacks.com/ap/CCRN