AMN Healthcare Services, Inc. (NYSE:AMN) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET
Company Participants
Randall Reese - Senior Director, Investor Relations and Strategy
Cary Grace - President and Chief Executive Officer
Jeff Knudson - Chief Financial Officer
Conference Call Participants
Trevor Romeo - William Blair
Mark Marco - Robert W. Baird
A.J. Rice - UBS
Tobey Sommer - Truist
Joanna Gajuk - Bank of America
Brian Tanquilut - Jefferies
Constantine Davides - Citizens JMP Securities
Jeff Silber - BMO Capital Markets
Bill Sutherland - The Benchmark Company
Operator
Good day, and thank you for standing by. Welcome to the AMN Healthcare Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your first speaker today, Randall Reese, Senior Director, Investor Relations and Strategy. Please go ahead.
Randall Reese
Good afternoon, everyone. Welcome to AMN Healthcare's third 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.ammhealthcare.com.
On the call with me 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, Randy, and welcome to today's call. AMN Healthcare continues to build an attractive long-term story, while we simultaneously deal with a challenging post-new market for our industry. Financial results for the third quarter of 2024 were above expectations. Revenue of $688 million was above the upper end of our guidance range and adjusted EBITDA of $74 million was above the consensus of sell-side analyst estimates. Excluding some beneficial discrete items, our revenue was in line with guidance.