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AMN revenue up 8%, physician placement up 16%

August 02, 2013

AMN Healthcare Services Inc. (NYSE: AHS) reported second-quarter revenue rose 7.7 percent year over year to $253.9 million, in-line with guidance. Revenue rose across the company’s segments:

  • Nurse and allied healthcare staffing: $170.1 million, up 7.3 percent year over year.
  • Locum tenens staffing: $72.7 million, up 7.6 percent.
  • Physician permanent placement services: $11.1 million, up 15.8 percent.

Gross margin improved to 29.3 percent in the second quarter — above guidance — from 28.4 percent in the year-ago quarter.

Second quarter net income was $8.4 million compared to a loss of $81,000 in the second quarter of last year.

AMN Healthcare Services Inc. (NYSE: AHS)
For the second quarter ended June 30, 2013, compared to the same period in the previous year.
Revenue: $253.9 million, +7.7 percent
Net income: $8.4 million vs. net loss of $81,000