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AMN Healthcare Reports Fourth Quarter and Year End 2007 Results; Provides Full Year 2008 Guidance
Date:2/26/2008

2006 Chg 2007 2006 Chg

Gross Margin

Nurse and

allied

healthcare

staffing 24.4% 23.5% 23.8% 24.6%

Locum tenens

staffing 26.1% 26.7% 26.0% 26.5%

Physician

permanent

placement

services 61.8% 63.9% 61.3% 61.4%

Operating Data:

Nurse and

allied

healthcare

staffing

Average

travelers on

assignment

(2) 6,645 7,106 -6.5% 6,897 6,825 1.1%

Revenue per

traveler

per

day(3) $321.68 $309.06 4.1% $318.60 $306.36 4.0%

Gross

profit per

traveler

per

day(3) $78.47 $72.77 7.8% $75.80 $75.21 0.8%

Locum tenens

staffing

Days

filled (4) 51,639 49,651 4.0% 218,576 199,641 9.5%

Revenue

per day

filled

(4) $1,475.22 $1,372.36 7.5% $1,420.67 $1,343.07 5.8%

Gross

profit

per day

filled

(4) $385.62 $365.91 5.4% $369.73 $355.53 4.0%

(1) Adjusted EBITDA represents net income plus interest expense (net of

interest income), income taxes, depreciation and amortization and

non-cash stock-based compensation expense. Management presents

adjusted EBITDA because it believes that adjusted EBITDA is a useful

supplement to net income as an indicator of operating performance.

Management believes that adjusted EBITDA is an industry-wide financial

measure that is useful both to management and investors when

evaluating the company's performance. Management also uses adjusted

EBITDA for planning purposes. Management uses adjuste
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SOURCE AMN Healthcare Services, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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