AMN Healthcare sees Q3 revenue $840M-$860M, consensus $921.63M

“Revenue in the third quarter of 2023 is expected to be 24-26% lower than prior year and 13-15% lower sequentially. Nurse and Allied Solutions segment revenue is expected to be down 31-33% year over year. Physician and Leadership Solutions segment revenue is expected to be down 3-5% year over year. For the Technology and Workforce Solutions segment, we expect revenue to be 10-12% lower year over year. Third quarter estimates for certain other financial items include depreciation of $16 million, non-cash amortization expense of $23M, share-based compensation expense of $5M, integration and other expenses of $3.5M, interest expense of $12M, an adjusted tax rate of 28%, and 38.6 million diluted average shares outstanding,” AMN said.