American Shared Hospital Services Q3 revenue up 6.3% to $5.1M; net income falls to $0.02/sh

AMERICAN SHARED HOSPITAL SERVICES

2023-Q3 EPS reported $0.03 revenue$15,627,000

Revenue $5.134M (+6.3% YoY); gross margin 40.9% vs 40.5%.
Net income $118k ($0.02 diluted) vs $316k ($0.05) in Q3 2022; operating income $90k vs $448k.
Adjusted EBITDA $1.669M vs $1.966M; selling/admin costs up 37.7% to $1.735M on new business investment.
Cash $14.655M at Sept 30, up from $12.453M at Dec 31; equity $3.53/sh.
Two new Gamma Knife Esprit upgrade orders from existing customers; international centers advancing (Ecuador restart, Mexico LINAC Q1 2024).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AMERICAN SHARED HOSPITAL SERVICES reported the third quarter ended September 30, 2023 results: revenue $5,134,000, net income $118,000, EPS $0.02 per diluted share.

Period: the third quarter ended September 30, 2023
Revenue: $5,134,000
Net income: $118,000
EPS: $0.02 per diluted share
Result: reported results

Exact text from the filing

systems and services, today announced financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights ● Total revenue in the third quarter was $5,134,000, an increase of 6.3% from the comparable period in 2022. Total proton therapy revenue decreased 5.9% period-over-period; fractions decreased 12.8%. Gamma Knife revenue increased

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

AMERICAN SHARED HOSPITAL SERVICES filing history →

Source: SEC EDGAR

accession 0001437749-23-031574

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