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AMN - Q1 Results

AMN - Q1 Results

AMN Healthcare Services, Inc. has announced its operating results for the first quarter 2009, which were in line with management's expectations. Financial highlights include revenue of $250 million down from $294 million and adjusted EBITDA of $17 million down from $24 million.

"The strength of our differentiated business model, our focus on quality and our customer loyalty is becoming even more evident in this tight market environment. Over the last year, we have been able to grow market share and strengthen our leading position. At the same time, we continue to expand our market opportunity and make investments in our future through progress with new service lines," said Susan R. Nowakowski, President and Chief Executive Officer of AMN Healthcare. "We remain disciplined in streamlining our cost structure to deal with short-term volume trends and are prudently deleveraging our balance sheet by taking advantage of our strong cash flow generation."

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