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Mar 31, 2022
AMN Healthcare Q1 2022 Earnings Report
AMN Healthcare's Q1 2022 performance was marked by record revenue and EPS, driven by strong demand and strategic solutions.
Key Takeaways
AMN Healthcare announced record first quarter 2022 results with revenue of $1.553 billion, a 75% increase over the prior year. GAAP EPS was $3.09, and adjusted EPS was $3.49. The company experienced strong demand across its nursing, allied, locum tenens, and other businesses.
Consolidated revenue for the quarter was $1.553 billion, a 75% increase over the prior year.
Net income was $146 million, or $3.09 per diluted share, compared to $70 million, or $1.47 per diluted share, in the first quarter of 2021.
Adjusted diluted EPS in the first quarter was $3.49 compared with $1.70 in the same quarter of the prior year.
Revenue for the Nurse and Allied Solutions segment was $1.228 billion, up 87% year over year.
Revenue by Segment
Forward Guidance
The company expects revenue in the second quarter of 2022 to be 56-61% higher than the prior year.
Positive Outlook
- Revenue in the second quarter of 2022 is expected to be 56-61% higher than prior year.
- Revenue guidance includes $65-70 million from labor disruption activities.
- Excluding labor disruption, Nurse and Allied Solutions segment revenue is expected to grow 57-60% year over year.
- For the Physician and Leadership Solutions segment, revenue is expected to be approximately 20% higher than prior year.
- Technology and Workforce Solutions segment revenue is expected to grow by approximately 45% compared with the year-ago period.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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