Q3 2025 AMN Healthcare Services Inc Earnings Call Transcript

Nov 6, 2025 / 10:00 PM GMT

Release Date Price: $18.43 (-10.66%)

Transcript 10-Q8-K

Key Points

Positve

AMN Healthcare Services Inc (AMN) reported third-quarter revenue of $634 million, exceeding the high end of their guidance range by $9 million.
The company achieved a consolidated gross margin near the upper end of guidance, with SG&A expenses better than expected.
Adjusted EBITDA for the third quarter was $57.5 million, representing 9.1% of revenue, which was 90 basis points above the high end of guidance.
AMN Healthcare Services Inc (AMN) saw a moderate recovery in staffing demand in the third quarter, with extension rates rebounding and travel nurse winter orders slightly favorable compared to the prior year.
The company completed a debt refinancing transaction in early October, strengthening its financial position and improving its corporate debt rating.

Negative

Consolidated revenue was down 8% from the prior year and down 4% sequentially.
Consolidated gross margin declined 190 basis points year over year and 70 basis points sequentially.
Third-quarter nurse and allied revenue was down 9% from the prior year, primarily due to lower volume.
The technology and workforce solutions segment saw a 12% year-over-year revenue decline, driven by lower VMS revenue and the sale of Smart Square.
The company anticipates a lower consolidated gross margin in the fourth quarter, partly influenced by labor disruption-related factors.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

AMN.N - AMN Healthcare Services Inc
Q3 2025 AMN Healthcare Services Inc Earnings Call
Nov 06, 2025 / 10:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day and thank you for standing by. Welcome to the a.m.N Health Care's 3rd quarter 2025 earnings call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Randy Reese, Vice President, Investor relations. Please go ahead.

--------------------------------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.