AMN Healthcare Q4 2023 Earnings Report
Key Takeaways
AMN Healthcare's Q4 2023 revenue was $818 million, a 27% decrease year-over-year and 4% lower than the prior quarter. GAAP EPS was $0.33, and adjusted EPS was $1.32. The company is focused on technology-centric total talent solutions and consolidating businesses under the One AMN platform.
Consolidated revenue for the quarter was $818 million, a 27% decrease year over year.
Net income was $12 million, or $0.33 per diluted share, compared to $82 million, or $1.88 per diluted share, in the same quarter last year.
Adjusted diluted EPS was $1.32 compared with $2.48 in the year-ago quarter.
The MSDR acquisition closed in late November and contributed revenue of $13 million for the quarter.
AMN Healthcare
AMN Healthcare
AMN Healthcare Revenue by Segment
Forward Guidance
Consolidated revenue in the first quarter of 2024 is projected to be 26-28% lower than the year-ago period.
Challenges Ahead
- Nurse and Allied Solutions segment revenue is expected to be down 36-38% below prior year.
- Technology and Workforce Solutions segment revenue is projected to be down 18-20% year over year.