AMN Healthcare: 2Q Earnings Snapshot
SAN DIEGO (AP) _ AMN Healthcare Services Inc. (AMN) on Tuesday reported second-quarter net income of $28.9 million.
On a per-share basis, the San Diego-based company said it had net income of 61 cents. Earnings, adjusted for one-time gains and costs, were 77 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.
The health care staffing company posted revenue of $535.2 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $527.1 million.
For the current quarter ending in October, AMN Healthcare said it expects revenue in the range of $560 million to $566 million.
AMN Healthcare shares have dropped 11% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $50.50, a fall of slightly more than 8% in the last 12 months.