Exceeded Revenue Expectations
Fourth quarter revenue of $735 million was $30 million above the high end of guidance, with adjusted EBITDA of $75 million also exceeding expectations.
Growth in Allied and Locum Tenens
Allied orders grew 7% year-over-year in the fourth quarter, with new orders up 20% year-over-year. Locum tenens demand rose 6% from Q3 to Q4.
Technology Innovations
Launched and scaled best-in-class technology solutions like ShiftWise Flex and Passport app, enhancing visibility, cost control, and efficiency.
Strong Cash Flow and Debt Reduction
Repayment of $75 million in revolver debt during the quarter, enabled by strong cash flow.