AMS reports preliminary Q4 revenue ~$4.7M, full year ~$17.7M, cash >$8M

AMERICAN SHARED HOSPITAL SERVICES

2021-FY EPS reported $0.03 revenue$17,628,000

Preliminary Q4 2021 revenue ~$4.7M, highest quarter of 2021 and roughly even with Q4 2020.
Full year 2021 revenue ~$17.7M, also roughly in line with 2020; preliminary gross margin and operating income improved due to lower costs of revenue.
Cash increased to >$8M at year-end 2021; unused working capital line of $7M available for growth.
CEO cites balance sheet restructuring and debt refinancing in Q2 2021 as strengthening financial position for future initiatives.

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