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AMN Healthcare Reports Fourth Quarter and Year End 2007 Results; Provides Full Year 2008 Guidance


evaluate the company's performance because it believes that adjusted

EBITDA more accurately reflects the company's results, as it excludes

certain items, in particular non-cash stock-based compensation charges

that management believes are not indicative of the company's operating

performance. However, adjusted EBITDA is not intended to represent

cash flows for the period, nor has it been presented as an alternative

to operating or net income as an indicator of operating performance,

and it should not be considered in isolation or as a substitute for

measures of performance prepared in accordance with United States

generally accepted accounting principles (GAAP). As defined, adjusted

EBITDA is not necessarily comparable to other similarly titled

captions of other companies due to potential inconsistencies in the

method of calculation. While management believes that some of the

items excluded from adjusted EBITDA are not indicative of the

company's operating performance, these items do impact the income

statement, and management therefore utilizes adjusted EBITDA as an

operating performance measure in conjunction with GAAP measures such

as net income.

(2) Average travelers on assignment represents the average number of nurse

and allied healthcare professionals on assignment during the period


(3) Revenue per traveler per day and gross profit per traveler per day

represent the revenue and gross profit of the company's nurse and

allied healthcare staffing segment divided by average travelers on

assignment, divided by the number of days in the period presented.

(4) Days filled is calculated by dividing the locum tenens hours filled

during the period by 8 hours. Revenue per day filled and gross pr

SOURCE AMN Healthcare Services, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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