secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001437749-24-026859
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMS Q2 net income $3.6M ($0.55/diluted) vs $111k loss; revenue up 27%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774924026859/0001437749-24-026859-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774924026859/asha20240814_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-026859

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer