San Diego-based AMN Healthcare on Wednesday reported a 60 percent rise in earnings on a 36 percent increase in revenue in the first quarter, exceeding the company’s forecasts and giving its stock a boost.
The healthcare staffing company earned $12.2 million, or 25 cents per share, on revenue of $328 million, compared to $7.6 million, or 16 cents per share, on revenue of $241 million a year ago.
The results were announced after the close of markets in New York, but the company’s stock rose nearly 3 percent to $23.50 per share in after-hours trading.
“Amid positive trends in the healthcare industry, we continued to experience strong demand and outstanding execution across all business segments, resulting in better than anticipated revenue and profitability growth during the first quarter,” said Susan R. Salka, president and chief executive officer. “The pipeline of opportunities for our strategic workforce solutions offerings remains strong.”
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