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Sunday, Sep 25, 2022
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AMN Healthcare Reports Yearly Net Income of $33 Million

AMN Healthcare Services Inc., the San Diego provider of health-care staffing, reported 2013 fourth quarter net income of $8.4 million, up 18 percent from the same quarter of 2012.

For the full year, AMN reported net income of $33 million, up 102 percent from 2012’s net profit.

Revenue for the fourth quarter was $249 million, flat from last year’s fourth quarter. Revenue for the full year was $1 billion, up 6 percent from 2012 total revenue.

CEO Susan Salka said she is optimistic about the company’s prospects this year. “Despite the current softer hospital census, demand for health-care services is generally anticipated to expand as the impact of the Affordable Care Act unfolds,” Salka said.

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The company’s gross margins for 2013 increased to 29.4 percent from 28.3 percent in the prior year.

AMN said it expects first quarter revenue to finish in a range of $244 million to $248 million, with gross margins between 30 to 30.5 percent.

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