secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0001437749-25-010978
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Shared Hospital Services FY2024 revenue +32.9%, net income +258.4%; appoints new CEO
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- FY 2024 revenue $28.34M (+32.9% YoY); net income $2.186M (+258.4% YoY)
- Q4 2024 revenue $9.069M (+59.2% YoY); net loss $1.308M vs income $0.415M in Q4 2023
- Direct patient services revenue surged 253.4% to $12.56M; leasing revenue down 12.1% to $15.63M
- Appointed Gary Delanois as CEO; Raymond Stachowiak became Executive Chairman
- Adjusted EBITDA for FY 2024 $8.885M (+8.5% YoY); Q4 adjusted EBITDA $3.464M (+29.3%)

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774925010978/0001437749-25-010978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774925010978/asha20250403_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-010978

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