AMN Healthcare Services Inc is a leading provider of workforce solutions and staffing services in the healthcare sector
The company specializes in connecting healthcare facilities with qualified professionals, including nurses and physicians, to address temporary and permanent staffing needs. With a focus on delivering high-quality care, AMN offers a range of services that include talent acquisition, workforce management, and consulting solutions. By leveraging technology and data analytics, they assist healthcare organizations in optimizing their workforce and improving patient outcomes. AMN is committed to enhancing the healthcare experience by ensuring that facilities have the necessary personnel to meet the demands of patient care.
Healthcare companies are pushing the status quo by innovating in areas like drug development and digital health. Despite the rosy long-term prospects, short-term headwinds such as COVID inventory destocking have harmed the industry’s returns -
over the past six months, healthcare stocks have collectively shed 6.3%. This drop is a stark contrast from the S&P 500’s 5.1% gain.
Shares of healthcare staffing company AMN Healthcare Services (NYSEAMN)
jumped 10.1% in the morning session after the company delivered exceptional fourth-quarter 2024 results, which blew past analysts' revenue, EPS, and EBITDA expectations. Revenue declined 10% relative to the previous year, though it was 7% higher sequentially. However, the Nurse and Allied Solutions segment, which includes travel nurse staffing, saw a steep 15% year on year decline, with travel nurse revenue plunging 35%.
Looking ahead, full-year revenue guidance topped Wall Street estimates. However, the company's travelers on assignment metric, a key volume indicator, missed significantly, raising concerns about demand trends. Still, we think this was a solid quarter with some key areas of upside.
Healthcare staffing company AMN Healthcare Services (NYSEAMN) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 10.2% year on year to $734.7 million. Guidance for next quarter’s revenue was better than expected at $670 million at the midpoint, 1% above analysts’ estimates. Its non-GAAP profit of $0.75 per share was 53.7% above analysts’ consensus estimates.
DALLAS, Feb. 05, 2025 (GLOBE NEWSWIRE) -- AMN Healthcare, the leader and innovator in total talent solutions for healthcare organizations, has been recognized with the 2025 Best in KLAS Scheduling: Nurse & Staff award for its industry leading nursing staff management technology, Smart Square®. Smart Square consistently ranked the highest among competitors every month in 2024, underscoring AMN Healthcare’s commitment to delivering innovation and excellence in workforce technology.
DALLAS, Jan. 23, 2025 (GLOBE NEWSWIRE) -- AMN Healthcare Services, Inc. (NYSEAMN), has scheduled a conference call to discuss its fourth quarter and full year 2024 financial results and first quarter 2025 outlook on Thursday, February 20, 2025, at 5:00 p.m. Eastern Time. On the same day, the Company also expects to issue an earnings news release after market close at approximately 4:15 p.m. Eastern Time.
Lots of stocks can look cheap, especially after a sell-off. They may even have a low price-to-earnings (P/E) ratio. But that doesn’t mean the stock is a “value”.
DALLAS, Nov. 11, 2024 (GLOBE NEWSWIRE) -- AMN Healthcare, the leader and innovator in total talent solutions for healthcare organizations, announces it has approved near and long-term science-based emissions reduction targets with the Science Based Targets initiative (SBTi), joining over 4,000 companies globally in the pursuit of net zero emissions. This decisive move underscores AMN Healthcare’s dedication to sustainability and proactive measures against climate change.
DALLAS, Oct. 31, 2024 (GLOBE NEWSWIRE) -- AMN Healthcare (NYSEAMN), the leader and innovator in total talent solutions for healthcare organizations, today announced the appointment of Tomya Watt as Chief People Officer effective January 13, 2025. With more than two decades of strategic and operational experience in healthcare and talent solutions, Ms. Watt is well-equipped to guide the company's human resources function into a new era of sustainable growth.
Seasoned Healthcare Executive Brings Robust Financial Strategy Experience, Including Previous Role as Chief Financial Officer and Chief Accounting Officer of AMN for More Than 10 Years
Addresses staffing efficiency, enhances financial planning, and improves operational efficiency in healthcare systems through all-in-one technology solution to manage internal and external talent.
DALLAS, Sept. 30, 2024 (GLOBE NEWSWIRE) -- AMN Healthcare Services, Inc. (NYSEAMN), has scheduled a conference call to discuss its third quarter 2024 financial results and fourth quarter 2024 outlook on Thursday, November 7, 2024, at 5:00 p.m. Eastern Time. On the same day, the Company also expects to issue an earnings news release after market close at approximately 4:15 p.m. Eastern Time.
