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AMERICAN SHARED HOSPITAL SERVICES (AMS)

Earnings summaries and quarterly performance for AMERICAN SHARED HOSPITAL SERVICES.

Recent press releases and 8-K filings for AMS.

American Shared Hospital Services Reports Q3 2025 Financial Results
AMS
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • American Shared Hospital Services (AMS) reported Q3 2025 revenue of $7.2 million, a 2.5% increase year-over-year, primarily driven by expanded radiation therapy services.
  • The company's net loss significantly decreased by 91.8% to $17,000 in Q3 2025, and EBITDA grew 42.3% to $1.94 million compared to Q3 2024.
  • For the first nine months of 2025, revenue increased 5.6% to $20.4 million, with direct patient care services revenue rising 36.5% to $10.7 million.
  • AMS secured a 10-year extension and upgrade for an existing Gamma Knife System and anticipates further growth from a new Gamma Knife center in Guadalajara, Mexico, expected to start in Q2 2026.
  • Cash, cash equivalents, and restricted cash totaled $5.3 million as of September 30, 2025, reflecting $7.5 million in capital expenditures during the nine-month period.
Nov 13, 2025, 5:42 PM
American Shared Hospital Services Auditor Change and Internal Control Update
AMS
Auditor Change
Accounting Changes
  • Moss Adams resigned as the independent auditor following its merger with Baker Tilly, which now serves as the successor auditor as of June 3, 2025.
  • The company confirmed that the material weakness in its internal control over financial reporting, noted in previous filings, remains unremediated.
  • The 8-K filing was submitted on June 9, 2025 to report these significant changes and updates.
Jun 9, 2025, 12:00 AM
American Shared Hospital Services Q1 2025 Financial & Operational Highlights
AMS
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
M&A
  • Revenue Growth: Q1 2025 revenue increased 17% YoY to $6.1M, driven by strategic expansion through acquisitions—including new operational facilities in Puebla, Mexico and centers in Rhode Island.
  • Direct Patient Services Surge: Revenue from direct patient services jumped 224% YoY, reflecting the impact of recent acquisitions and operational expansions.
  • Operational Results: Despite strong revenue performance, the company reported an operating loss of $1.3M, a net loss of $625K, and an Adjusted EBITDA of $949K due to challenges including lower treatment volumes.
  • Equipment Leasing Declines: The equipment leasing segment experienced downturns, with Gamma Knife revenue down 18% and protein beam revenue down 38%.
May 15, 2025, 4:01 PM
American Shared Hospital Services Reports Q4 and FY 2024 Results
AMS
Earnings
CEO Change
Revenue Acceleration/Inflection
  • FY 2024 financials showed strong improvements with revenue increasing 32.9% to $28.34M and net income rising 258.4% to $2.186M compared to prior year.
  • The company’s direct patient services revenue surged 253.4%, underscoring its strategic shift towards direct patient care services, while leasing revenue declined.
  • Leadership update: Gary Delanois was appointed CEO effective April 3, 2025, with former CEO Raymond Stachowiak continuing as Executive Chairman.
Apr 4, 2025, 12:00 AM

Recent SEC filings and earnings call transcripts for AMS.

No recent filings or transcripts found for AMS.