AMN Healthcare Services(US:AMN) Globenewswireยท2025-02-20 21:15Core Insights - AMN Healthcare Services, Inc. reported a consolidated revenue of $735 million for Q4 2024, reflecting a 10% decrease year-over-year and a 7% increase sequentially [3][6] - The company experienced a net loss of $188 million, or $4.90 per diluted share, primarily due to a $222 million non-cash goodwill impairment [6][13] - Adjusted diluted EPS was $0.75, down 43% from the previous year [3][6] Financial Performance - Q4 2024 revenue was $734.7 million, down 10% from Q4 2023, while full-year revenue totaled $2.984 billion, a 21% decrease from the prior year [3][15] - Gross profit for Q4 was $219 million, a 16% decline year-over-year, with a gross margin of 29.8% [3][11] - Full-year net loss was $147 million, or $3.85 per diluted share, compared to a net income of $211 million, or $5.36 per diluted share, in 2023 [15] Segment Performance - The Nurse and Allied Solutions segment generated $455 million in revenue, down 15% year-over-year but up 14% sequentially [7] - The Physician and Leadership Solutions segment reported $173 million in revenue, a 3% increase year-over-year [9] - Technology and Workforce Solutions segment revenue was $107 million, reflecting a 5% decrease year-over-year [10] Operational Highlights - Cash flow from operations was $73 million for Q4 and $320 million for the full year [8][19] - The company reduced its debt by $75 million in Q4, totaling $250 million for the year [8] - AMN successfully onboarded nearly all ShiftWise clients to the ShiftWise Flex VMS platform ahead of schedule [8] Guidance and Outlook - For Q1 2025, consolidated revenue is projected to be between $660 million and $680 million, representing a 17-20% decrease from the prior year [21][22] - The Nurse and Allied Solutions segment is expected to see revenue decline by 22-25% year-over-year [22] - The company anticipates a gross margin of 28.1% to 28.6% for Q1 2025 [21]