earnings
confidence high
sentiment negative
materiality 0.75
AMS Q3 revenue up 36% to $7.0M but net loss widens to $207K on lower Gamma Knife volumes
AMERICAN SHARED HOSPITAL SERVICES
2024-Q3 EPS reported
$0.54
revenue$19,271,000
- Total revenue $6,999K, up 36.3% YoY; retail segment $3,687K (+273%) from RI acquisition and Puebla facility.
- Net loss attributable to AMS of $207K ($0.03 diluted EPS) vs net income of $118K ($0.02) in Q3 2023.
- Gamma Knife procedures fell 31% to 218; Gamma Knife revenue down 32.9% due to contract expiration, downtime, and staffing.
- Adjusted EBITDA $1,366K vs $1,669K prior year; operating loss of $889K vs operating income of $90K.
- Nine-month net income $3.514M ($0.54) vs $195K ($0.03) includes bargain purchase gain from RI Acquisition.