---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-034762"
form_type: "8-K"
ticker: "AMS"
cik: "0000744825"
company_name: "AMERICAN SHARED HOSPITAL SERVICES"
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:24:10.082981+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AMS Q3 revenue up 36% to $7.0M but net loss widens to $207K on lower Gamma Knife volumes

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-034762
- form_type: 8-K
- ticker: AMS
- cik: 0000744825
- company_name: AMERICAN SHARED HOSPITAL SERVICES
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744825/000143774924034762/0001437749-24-034762-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744825/000143774924034762/asha20241110_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-034762
- JSON: https://secwatch.observer/filing/0001437749-24-034762.json
- Plain text: https://secwatch.observer/filing/0001437749-24-034762.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.