UPDATE 1-AMN Healthcare quarterly profit drops
* Q2 EPS $0.13 vs. $0.25 yr ago
* Q2 adj EPS $0.17
* Q2 rev falls 36 pct
* Sees Q3 rev down 15 pct sequentially
Aug 6 (Reuters) - AMN Healthcare Services Inc's (AHS.N) quarterly profit nearly halved, weighed down by weak demand for nurse staffing, and the healthcare staffing company said it expects third-quarter revenue to drop sequentially.
For the second quarter, the company posted earnings of $4.4 million, or 13 cents a share, compared with $8.5 million, or 25 cents a share, a year earlier.
Excluding certain charges, the company earned 17 cents a share. Revenue fell 36 percent to $199.1 million.
Analysts on average were expecting earnings of 6 cents a share, excluding items, on revenue of $211 million, according to Reuters Estimates.
Revenue at its nurse and allied staffing segment slumped 48 percent to $111 million.
The company also forecast a 15 percent decline in third-quarter revenue sequentially.
"The majority of this decline is driven by volume trends in nurse staffing resulting from the earlier drop in demand levels," CEO Susan Nowakowski said in a statement.
Shares of the company closed at $7.01 Thursday on the New York Stock Exchange. (Reporting by Amulya Nagaraj in Bangalore; Editing by Deepak Kannan)
