earnings
confidence high
sentiment positive
materiality 0.75
AMS Q2 net income $3.6M ($0.55/diluted) vs $111k loss; revenue up 27%
AMERICAN SHARED HOSPITAL SERVICES
2024-Q2 EPS reported
$0.57
revenue$12,272,000
- Revenue $7.1M (+27% YoY); net income $3.6M vs loss $111k; includes $3.7M bargain purchase gain from RI acquisition.
- Adjusted EBITDA $2.01M vs $1.94M; gross margin 35% vs 45% due to retail mix.
- Retail segment revenue up 318% to $3.2M from RI facilities; leasing down 19% to $3.9M.
- Gamma Knife procedures +10% to 340; revenue -9% due to lower reimbursement; started treatments at new Puebla, Mexico center.
- Cash $14.5M; signed 1 upgrade order and 5 lease extensions; joint venture for Guadalajara.