Cross Country Healthcare Inc. News Release (05/09/12)

Cross Country Healthcare Inc. has reported revenue of $126.7 million in the first quarter ended March 31, a 4% increase from revenue of $122 million in the prior-year quarter and a 2% increase sequentially from the fourth quarter of 2011. The company incurred a net loss in the first quarter of 2012 of $0.6 million, which included income and non-income tax expenses related primarily to immaterial adjustments to prior-year amounts of $0.5 million after-tax. In the same quarter of the prior year, the company had revenue of $122 million and net income of $0.2 million.