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Jun 30, 2024
AMN Healthcare Q2 2024 Earnings Report
AMN Healthcare's Q2 2024 financial performance showed a decrease in revenue compared to the previous year, but strategic expense management and diversification of solutions contributed to profit margins exceeding expectations.
Key Takeaways
AMN Healthcare reported a second-quarter revenue of $741 million, a 25% decrease year-over-year. GAAP EPS was $0.42, and adjusted EPS was $0.98. The company is seeing promising signs of improvement in the travel nurse market.
Consolidated revenue for the quarter was $741 million, a 25% decrease from prior year.
Net income was $16 million, or $0.42 per diluted share.
Adjusted diluted EPS in the second quarter was $0.98.
Revenue for the Nurse and Allied Solutions segment was $442 million, lower by 36% year over year.
AMN Healthcare
AMN Healthcare
AMN Healthcare Revenue by Segment
Forward Guidance
Revenue in the third quarter of 2024 is expected to be 20-23% lower than the prior year and 8-10% lower sequentially.