American Shared Hospital Services (NYSEAMERICAN:AMS) Posts Earnings Results, Misses Estimates By $0.05 EPS

American Shared Hospital Services (NYSEAMERICAN:AMS) released its quarterly earnings data on Thursday. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.05), FiscalAI reports. American Shared Hospital Services had a negative return on equity of 5.51% and a negative net margin of 5.30%.The business had revenue of $8.43 million for the quarter, compared to the consensus estimate of $7.56 million.

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 Trading Down 5.0%

NYSEAMERICAN:AMS traded down $0.08 during mid-day trading on Friday, hitting $1.52. The company’s stock had a trading volume of 11,256 shares, compared to its average volume of 115,049. The company has a market capitalization of $10.06 million, a price-to-earnings ratio of -6.98 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. The stock has a fifty day moving average of $1.48 and a 200-day moving average of $1.67.

Insider Activity

In related news, Chairman Raymond C. Stachowiak bought 586,468 shares of the company’s stock in a transaction dated Monday, June 22nd. The stock was acquired at an average cost of $2.28 per share, with a total value of $1,337,147.04. Following the acquisition, the chairman owned 586,468 shares in the company, valued at approximately $1,337,147.04. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 25.80% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in American Shared Hospital Services stock. DRW Securities LLC bought a new stake in American Shared Hospital Services (NYSEAMERICAN:AMS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned approximately 0.77% of American Shared Hospital Services as of its most recent filing with the SEC. Institutional investors own 23.16% of the company’s stock.

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.