Aug. 8 at 2:23 PM
$AMN added. Bottom in revs and write-offs(?). I like the idea that competition is going bankrupt and that they are the USA's largest healthcare staffing company.
Got idea from https://x.com/Crussian17/status/1953817638448304605
"Loss from operations was (
$124 million) with an operating margin of (18.8%), compared with income of
$38 million and 5.1%, respectively, in the same quarter last year. The current quarter loss resulted from non-cash goodwill and intangible asset impairment charges totaling
$128 million. Adjusted EBITDA was
$58 million, a year-over-year decrease of 38%. Adjusted EBITDA margin was 8.9%, 380 basis points lower than the year-ago period."
Non-stop slide into...a bottom? oblivion?
I want to see insiders buying stock in the open market. If this is a bottom in the business and the future is bright, they should be loading up.
GTLA