US healthcare recruiter Cross Country Healthcare in the US has seen a 10% increase in year-on-year revenue, according to results for the second quarter ended 30 June 2016.

The results reveal revenue of $215m (£174.1m) compared to $195.7m in same period last year.

Revenue from the group's nurse and allied staffing division was $186.6m and increased 19% year-on-year. The group attributed this to improved pricing and the positive impact of its acquisition of temp healthcare recruiter Mediscan in October 2015.

However, revenue from the group's physician staffing business was $25.1m and fell 19% year-over-year.

Revenue from the firm's 'other human capital management services' division also fell and stood at $3.3m, down 56% year-on-year. The group attributed this decline to the divestiture of its education seminars business in August 2015.

Commenting on the results, president and chief executive William J Grubbs reflected on a “strong” quarter for the group: “This was a strong quarter for the company with revenue, adjusted EBITDA and adjusted EPS all significantly ahead of guidance. 

"The investments and improvement initiatives we have been working on for more than three years are starting to pay off, giving us good momentum going into the fourth quarter and 2017.”

Cross Country Healthcare results at a glance:

• Revenue was $215m compared to $195.7m in the prior year quarter
• Net income attributable to common shareholders was $14.1m compared to $5m in the prior year quarter
• Diluted earnings per share (EPS) was $0.22 compared to $0.16 in the prior year quarter
• Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) was $13.1m, or 6.1% of revenue versus $12.3m, or 6.3% of revenue in the prior year
• Adjusted EPS was $0.24 compared to $0.23 in the prior year
• Cashflow from operations was $19.4m compared to $12.9m in the prior year