AMN Healthcare Services, Inc. (NYSE:AMN) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET
Company Participants
Randle Reece - Senior Director-IR
Cary Grace - President and CEO
Jeff Knudson - CFO
Conference Call Participants
Trevor Romeo - William Blair
Brian Tanquilut - Jefferies
Jeff Silber - BMO Capital Markets
A.J. Rice - UBS
Mark Marcon - Baird
Kevin Fischbeck - Bank of America
Tobey Sommer - Truist Securities
Bill Sutherland - Benchmark Company
Operator
Good day, and thank you for standing by. Welcome to the AMN Healthcare Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded
I would now like to turn the call over to Randle Reece, Senior Director of Investor Relations. Please go ahead, Randy.
Randle Reece
Good afternoon, everyone. Welcome to AMN Healthcare's second quarter 2024 earnings call. A replay of this webcast will be available at ir.amnhealthcare.com at the conclusion of this call. Remarks we make during this call about future expectations, projections, trends, plans, events, or circumstances constitute forward-looking statements.
These statements reflect the Company's current beliefs based upon information currently available to it. Our actual results may differ materially from those indicated by these forward-looking statements because of various factors and cautionary statements, including those identified in our most recently filed forms 10-K and 10-Q. Our earnings release and subsequent filings with the SEC. The company does not intend to update guidance, or any forward-looking statements provided today prior to its next earnings release. This call contains certain non-GAAP financial information. Information regarding and reconciliations of these non-GAAP measures to the most directly comparable GAAP measures are included in our earnings release and on our financial reports page at ir.amnhealthcare.com.
On the call today are Cary Grace, President and Chief Executive Officer, and Jeff Knudson, Chief Financial Officer. I will now turn the call over to Cary.
Cary Grace
Thank you for joining us for a review of our latest financial results and updated outlook against some continued challenging market conditions, we made progress on stabilizing our performance. Demand for healthcare was impressive this quarter and the market for skilled caregivers shows signs of improvement.
Patient demand and labor supply are crucial drivers of long-term growth in our businesses. Our consolidated revenue for the second quarter was $741 million, which enabled us to produce $16 million in net income, $100 million operating cash flow, and adjusted EBITDA of $94 million.