AMN Healthcare Announces Second Quarter 20... ( SAN DIEGO Aug. 6 /-...)

AMN Healthcare Announces Second Quarter 2009 Results

Date:8/6/2009

SAN DIEGO, Aug. 6 /PRNewswire-FirstCall/ -- AMN Healthcare Services, Inc. (NYSE: AHS) today announced operating results for the second quarter 2009, which were in line with management's expectations. Financial highlights for the three months ended June 30, 2009 include:

                                                % Chg     % Chg
                                  Q2 2009      Q2 2008   Q1 2009
    ------------------------------------------------------------
    Revenue                    $199 million      (36%)     (20%)
    ------------------------------------------------------------
    Net Income                   $4 million      (49%)      NM
    ------------------------------------------------------------
    Diluted EPS                       $0.13      (48%)      NM
    ------------------------------------------------------------
    Cash Flow from Operations   $36 million       206%      (3%)
    ------------------------------------------------------------
    Adjusted EBITDA*            $18 million      (27%)       3%
    ------------------------------------------------------------
    Adjusted Diluted EPS*             $0.17      (32%)      55%
    ------------------------------------------------------------

    * See "Supplemental Financial and Operating Data" for a reconciliation of
      non-GAAP items.

    NM - Not meaningful

"Our focus on client relationships and quality as well as our diversified service offerings have enabled AMN Healthcare to maintain our leading market position, improve gross margins and strengthen our balance sheet through the prolonged economic downturn," said Susan R. Nowakowski, President and Chief Executive Officer of AMN Healthcare. "We continue to take an aggressive and disciplined approach in streamlining and right-sizin
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SOURCE AMN Healthcare Services, Inc.
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