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Amn Healthcare Services Inc (AMN) SEC Filing 10-Q Quarterly report for the period ending Friday, June 30, 2017

Amn Healthcare Services Inc

CIK: 1142750 Ticker: AMN

Exhibit 99.1

 

Contact:
Brian Scott

Chief Financial Officer &

Chief Accounting Officer

866.861.3229

 

 

AMN HEALTHCARE ANNOUNCES SECOND QUARTER 2017 RESULTS

Quarterly revenue of $490 million;

GAAP EPS of $0.63 and adjusted EPS of $0.67

SAN DIEGO – (August 3, 2017) – AMN Healthcare Services, Inc. (NYSE: AMN), healthcare’s leader and innovator in workforce solutions and staffing services, today announced its second quarter 2017 financial results. Financial highlights are as follows:

Dollars in millions, except per share amounts.

 

     Q2 2017      % Change
Q2 2016
    YTD
June 30,
2017
     % Change
YTD

June 30,
2016
 

Revenue

   $ 489.8        3   $ 985.0        5

Gross profit

   $ 161.0        4   $ 322.8        5

Net income

   $ 31.3        19   $ 63.3        21

Diluted EPS

   $ 0.63        19   $ 1.28        21

Adj. diluted EPS*

   $ 0.67        10   $ 1.30        8

Adjusted EBITDA*

   $ 67.2        13   $ 130.3        11

 

* See “Non-GAAP Measures” below for a discussion of our use of non-GAAP items and the table entitled “Supplemental Financial and Operating Data” for a reconciliation of non-GAAP items.

Highlights

 

    Consolidated revenue grew 3% year over year; revenue was 7% higher excluding the significant labor disruption revenue in the prior year quarter.

 

    Travel Nurse Staffing, our largest division, grew revenue 9% year over year, driven by both volume and pricing.

 

    Our Allied division reached a record high for revenue, growing 12% year over year.

 

    Adjusted EBITDA grew 13% year over year, representing a 13.7% margin.

 


The following information was filed by Amn Healthcare Services Inc (AMN) on Thursday, August 3, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Amn Healthcare Services Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2017 10-K Annual Report includes:

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Amn Healthcare Services Inc provided additional information to their SEC Filing as exhibits

Ticker: AMN
CIK: 1142750
Form Type: 10-Q Quarterly Report
Accession Number: 0001142750-17-000010
Submitted to the SEC: Fri Aug 04 2017 2:24:43 PM EST
Accepted by the SEC: Fri Aug 04 2017
Period: Friday, June 30, 2017
Industry: Help Supply Services

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