AMN Healthcare Services‘ stock surged on Wall Street this week after the San Diego-based company reported strong second-quarter earnings.
The healthcare staffing company reported net income of $15.9 million, or 32 cents per share, more than double the $7.2 million, or 15 cents per share, in the second quarter of 2014. Revenue rose to $350.1 million from $250.9 million.
The company’s shares began the week trading under $30 and closed Friday at $34.20 near a 52-week high.
“All business segments are executing very strongly amid continued robust market conditions, which drove better than anticipated revenue and profitability growth in the second quarter,” said Susan R. Salka, president and chief executive officer.
AMN provides staff to acute-care hospitals, community health centers and clinics, physician practice groups, retail and urgent care centers, and home health facilities.