American Shared Hospital Services (NYSEAMERICAN:AMS – Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.05), FiscalAI reports. The firm had revenue of $8.43 million for the quarter, compared to the consensus estimate of $7.56 million. American Shared Hospital Services had a negative return on equity of 5.51% and a negative net margin of 5.30%.
Here are the key takeaways from American Shared Hospital Services’ conference call:
- Revenue grew strongly, with second-quarter revenue up 19.2% year over year to approximately $8.4 million and first-half revenue up 17.7% to $15.5 million. Direct Patient Services revenue increased about 40%, driven by higher procedure volumes in Rhode Island, Peru, and Puebla.
- Operating momentum continued across the network, including a 22% increase in Orlando proton therapy revenue and improved utilization at international Gamma Knife centers following the Peru Esprit upgrade. Management also cited future growth opportunities in Rhode Island and a planned Gamma Knife upgrade in Guadalajara, Mexico.
- Operating activities generated $4.4 million of cash in the first half, while cash and restricted cash rose more than 80% from year-end 2025 to approximately $6.8 million. The company also received $2 million of subordinated financing after quarter end.
- The company remains dependent on a forbearance agreement with Fifth Third Bank, with approximately $15.5 million owed currently and $13.3 million expected by June 2027. The agreement requires the company to pursue potential asset sales, although management said it is also seeking refinancing and other alternatives.
- Adjusted EBITDA declined to approximately $1.3 million from $1.7 million a year earlier, while reported results were pressured by $285,000 of financing-related legal costs and a $909,000 allowance for credit losses on Rhode Island receivables. Management attributed the receivables charge primarily to insurance-carrier balances but did not provide further detail on the cause.
American Shared Hospital Services Price Performance
AMS stock traded up $0.03 during trading hours on Thursday, reaching $1.57. The stock had a trading volume of 46,566 shares, compared to its average volume of 115,601. The stock has a 50-day simple moving average of $1.48 and a 200 day simple moving average of $1.68. The stock has a market capitalization of $10.39 million, a PE ratio of -7.10 and a beta of 0.31. American Shared Hospital Services has a fifty-two week low of $1.25 and a fifty-two week high of $3.11.
Insider Activity at American Shared Hospital Services
Hedge Funds Weigh In On American Shared Hospital Services
A hedge fund recently bought a new position in American Shared Hospital Services stock. DRW Securities LLC bought a new stake in shares of American Shared Hospital Services (NYSEAMERICAN:AMS – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned 0.77% of American Shared Hospital Services as of its most recent filing with the Securities and Exchange Commission. 23.16% of the stock is owned by institutional investors.
About American Shared Hospital Services
American Shared Hospital Services operates as a specialized healthcare services company focused on delivering diagnostic imaging solutions to community and rural hospitals across the United States. Through strategic joint ventures and management agreements, the company collaborates with hospital partners to develop and operate outpatient imaging centers that provide advanced modalities while sharing the capital and operating costs. By partnering directly with hospitals, American Shared Hospital Services enables facility owners to offer in-house diagnostic capabilities without the burden of full operational oversight and significant equipment investment.
The company’s service portfolio encompasses a wide range of imaging technologies, including magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography/computed tomography (PET/CT), mammography, ultrasound, bone densitometry (DEXA) and nuclear medicine.
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