Revenue and Profit Margin Exceed Guidance
AMN Healthcare reported first-quarter revenue of $690 million, which topped the high end of guidance by $10 million. The consolidated gross margin was 28.7%, slightly above the high end of the guidance range.
Strong Performance in Labor Disruption and Locum Tenens
The company recorded $39 million in revenue from two labor disruption events in the first quarter. Bookings for locum tenens picked up significantly, with expected sequential revenue growth in the upcoming quarter.
Robust Cash Flow and Debt Reduction
AMN Healthcare generated $93 million in operating cash flow in the first quarter, reducing the revolving credit balance by $60 million and adding $45 million of cash to the balance sheet.
Recognition for Innovation
AMN received industry recognition in the Modern Healthcare 2025 Innovators Award for its Workwise and AMN Passport technologies.