American Shared Hospital Services

American Shared Hospital Services engages in leasing radiosurgery and radiation therapy equipment to healthcare providers. Its equipment includes Gamma Knife, PBRT, and IGRT. The Gamma Knife radiosurgery equipment is a non-invasive treatment for malignant and benign brain tumors, vascular malformations and trigeminal neuralgia. The company was founded by Ernest A. Bates in 1977 and is headquartered in San Francisco, CA.

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AMS reports strong Q1 earnings, expands internationally, and appoints key executives

AMS delivered a solid performance in Q1 2024, showcasing revenue growth, strategic acquisitions, and international expansion. While facing challenges such as leadership transitions and operational issues, AMS's strong balance sheet and key management appointments position the company well for future growth. By addressing operational challenges and seizing growth opportunities, AMS can navigate the current landscape effectively.

AMS reports strong Q2 earnings, eyes international expansion for growth

AMS delivered a robust second quarter performance driven by revenue growth, strategic acquisitions, and improved profitability, showcasing financial strength and operational resilience.
While facing challenges in sustaining growth and navigating industry dynamics, AMS has opportunities to expand internationally, optimize operations, and drive future growth through strategic initiatives.
With a solid financial foundation, prudent management of resources, and a focus on innovation, AMS is well-positioned to capitalize on opportunities and overcome challenges for sustainable long-term success.

American Shared Hospital Services reports revenue growth amidst operational challenges

American Shared Hospital Services navigated Q3 with revenue growth but faced challenges from lower treatment volumes and operational investments.
Despite setbacks, the company's strong financial position and strategic focus on international expansion position it well for future growth.
Management's emphasis on leadership development and operational efficiency underscores a commitment to long-term success and profitability.

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American Shared Hospital Services engages in leasing radiosurgery and radiation therapy equipment to healthcare providers. Its equipment includes Gamma Knife, PBRT, and IGRT. It operates through the Leasing and Retail segments. The Leasing segment focuses on the provision of radiation therapy through medical equipment leasing. The Retail segment delivers direct patient services. The company was founded by Ernest A. Bates in 1977 and is headquartered in San Francisco, CA.

American Shared Hospital Services (NYSE:AMS ) Q3 2024 Results Conference Call November 13, 2024 1:00 PM ET Company Participants Kirin Smith - IR Ray Stachowiak - Executive Chairman and Chief Executive Officer Bob Hiatt - Chief Financial Officer Conference Call Participants Marla Marin - Zacks Tony Kamin - Eastwood Partners Operator Good day, and welcome to the American Shared Hospital Services Third Quarter 2024 Earnings Conference Call. [Operator Instructions] please note that this event is being recorded.

American Shared Hospital Services (AMS) Q3 2024 Earnings Call Transcript

American Shared Hospital Services Reports Third Quarter 2024 Financial Results

Call Scheduled November 13th at 1:00 PM ET SAN FRANCISCO, November 6, 2024 – PRISM MediaWire – American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announced that the Company will hold a conference call to discuss

American Shared Hospital Services Announces Third Quarter 2024 Earnings Conference Call

SAN FRANCISCO, CA, October 18, 2024 – PRISM MediaWire – American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy cancer treatment systems and services, today announced the appointment of Gary Delanois as Executive Vice President and Chief Operating Officer. Mr.

American Shared Hospital Services Announces Key Management Appointments

American Shared Hospital Services (NYSE:AMS ) Q2 2024 Earnings Conference Call August 14, 2024 6:30 PM ET Corporate Participants Kirin Smith - PCG Advisory Ray Stachowiak - Executive Chairman and Chief Executive Officer Bob Hiatt - Chief Financial Officer Conference Call Participants Marla Marin - Zacks Tony Kamin - Eastwood Partners Operator Good day, and welcome to the American Shared Hospital Services Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

American Shared Hospital Services (AMS) Q2 2024 Earnings Call Transcript

Revenue increases 27% year over year Reports gain of $3.7 million from strategic acquisition of Rhode Island Radiation Therapy Cancer Centers Now treating patients at the new Puebla, Mexico center Conference Call on August 14 th at 6:30 pm ET SAN FRANCISCO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- American Shared Hospital Services (NYSE American: AMS) (the "Company"), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy cancer treatment systems and services, today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 and Recent Highlights Total revenue in the second quarter was $7.1 million, an increase of 27% from the comparable period in 2023 bolstered by the completion of our acquisition of 60% of the equity interest of three Rhode Island radiation therapy facilities in May which accounted for $1.9 million of the increase.

American Shared Hospital Services Reports Strong Second Quarter 2024 Financial Results

Call Scheduled for Today at 6:30 PM ET SAN FRANCISCO, August 14, 2024 – American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announced that the Company will hold a conference call to discuss its second quarter

American Shared Hospital Services Announces Second Quarter 2024 Earnings Conference Call

SAN FRANCISCO, CA, August 6, 2024 ‒ American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announced that it has begun treating patients at its Radiation Therapy Facility, A.B. Radiocirugía y Radioterapia de Puebla (“A.B.

American Shared Hospital Services Announces Start of Patient Treatments at its Radiation Therapy Facility, A.B. Radiocirugía y Radioterapia de Puebla, in Puebla, Mexico

South Africa's Anglo American Platinum (Amplats) is navigating significant financial challenges while keeping its ambitious restructuring program on track. The company expects to complete its demerger from its parent company, London-listed Anglo American, next year and is planning a secondary listing in London, as announced by its CEO on Monday.

Amplats on track for 2025 demerger from Anglo American, cuts 3,700 jobs to reduce costs

JV will Establish Company's 4th International Center SAN FRANCISCO, CA, July 9, 2024 ‒ American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announced that it has signed a joint venture agreement to partner in a Gamma Knife treatment

American Shared Hospital Services Announces Signing of Joint Venture Agreement for Gamma Knife Facility in Guadalajara, Mexico

Extended 10-year Agreement to Upgrade Gamma Knife® Perfexion™ with Elekta Esprit San Francisco, CA, June 7, 2024 – GK Financing LLC (GKF), a subsidiary of American Shared Hospital Services (NYSE American: AMS), a leading provider of turnkey technology solutions for advanced radiosurgery and radiation oncology services, announced today that it has extended its current agreement

GK Financing LLC, a Subsidiary of American Shared Hospital Services, Announces Extension of Agreement with PeaceHealth Sacred Heart Medical Center at RiverBend

Meeting Will be Held at The Hilton Hotel, San Francisco, CA SAN FRANCISCO, CA, May 21, 2024—American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announced that its Annual Meeting of Shareholders will be held on Tuesday,

American Shared Hospital Services Announces Annual Shareholder Meeting to be Held on Tuesday, June 25, 2024

American Shared Hospital Services (NYSE:AMS ) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET Company Participants Kirin Smith - PCG Advisory Raymond Stachowiak - Executive Chairman and Chief Executive Officer Robert Hiatt - Chief Financial Officer Conference Call Participants Ameren - Zacks Aaron Granowitz - Private Investor Operator Good afternoon, everyone and welcome to the American Shared Hospital Services First Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

American Shared Hospital Services (AMS) Q1 2024 Earnings Call Transcript

– Reports Record Projected Revenue Backlog of $210 million more than doubling following the acquisition of Rhode Island Radiation Therapy Cancer Centers in May 2024 – – Remains on track with opening new Puebla, Mexico center – -Conference Call Today, May 14th at 4:30 pm ET – SAN FRANCISCO, CA, May 14, 2024—American Shared Hospital

American Shared Hospital Services Reports First Quarter 2024 Financial Results

- Adds $9-$10 million in Annual Revenue with Positive Net Income Contribution - - Acquisition more than Doubles Backlog to over $210 million - - Expands U.S. Footprint and Product Offering - SAN FRANCISCO, May 09, 2024 (GLOBE NEWSWIRE) -- American Shared Hospital Services (NYSE American: AMS) (the "Company"), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy cancer treatment systems and services, today announced the closing of its acquisition of a 60% majority equity interest in the Southern New England Regional Cancer Center, LLC and Roger Williams Radiation Therapy, LLC, both Rhode Island limited liability corporations (the “Companies”) as well as certain payor contracts, from the Chapter 11 Bankruptcy Estate of GenesisCare USA, Inc., a Florida corporation, for a purchase price of $2.85 million. The Company anticipates this transaction to add $9-$10 million in annual revenue with positive net income contribution.

American Shared Hospital Services Announces Closing of Acquisition of 60% Majority Interest in Three Radiation Therapy Cancer Centers in Rhode Island

SAN FRANCISCO, CA, May 7, 2024—American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announced that the Company will hold a conference call to discuss its first quarter 2024 financial results on Tuesday, May 14th at 4:30

American Shared Hospital Services Announces First Quarter 2024 Earnings Conference Call

SAN FRANCISCO, CA, April 18, 2024—American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announces changes to strengthen its senior management structure.

American Shared Hospital Services Strengthens Senior Management Structure

SAN FRANCISCO, CA, April 12, 2024 – American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announces the sudden passing of its Chief Executive Officer, Peter Gaccione.

American Shared Hospital Services Announces the Sudden Passing of CEO, Peter Gaccione

American Shared Hospital Services (AMS) Q4 2023 Earnings Call Transcript

– Acquisition of 3 Rhode Island Radiation Therapy Cancer Centers progressing toward closing- – International Cancer Center equipment upgrade completed in Ecuador, Opening new Puebla, Mexico Center in Q2- – Lease extensions signed at 4 of 10 Gamma Knife customer sites – -Sales Pipeline continues to advance- -Conference Call Thursday, March 28th at 12:00 pm

American Shared Hospital Services Reports Fourth Quarter 2023 Financial Results

SAN FRANCISCO, CA, March 26, 2024 – American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announced that Company Founder, former Chairman and Chief Executive Officer, and Board Director, Ernest A. Bates, M.D, passed away on Tuesday, March 19th at the age of 87.

American Shared Hospital Services Pays Tribute to Ernest A. Bates, M.D.

Conference Call on Thursday, March 28th at 12:00 pm ET / 9:00 am PT SAN FRANCISCO, CA, March 22, 2024 – American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announced that the Company will hold a

American Shared Hospital Services Announces Fourth Quarter 2023 Earnings Conference Call

SAN FRANCISCO, Dec. 13, 2023 (GLOBE NEWSWIRE) -- GK Financing LLC (GKF), a subsidiary of American Shared Hospital Services (NYSE American: AMS), and a leading provider of creative financial and turnkey technology solutions for advanced radiosurgery and radiation oncology services, announced today that it has entered into an agreement with Lovelace Medical Center (LMC), Albuquerque, NM, to reload its Gamma Knife Icon with new Cobalt Sources, as well as install Lightning Treatment Planning software that is expected to drive efficiencies, productivity and accuracy, among other benefits. GKF projects completing installation in mid-2024.

GK Financing LLC, a Subsidiary of American Shared Hospital Services, Announces Agreement to Reload Lovelace Medical Center with New Cobalt Sources and Software Upgrade

Upgrade of Gamma Knife® 4C with NEW Elekta ICON for most precise and accurate treatment of Intracranial cancers and other indications Upgrade of Gamma Knife® 4C with NEW Elekta ICON for most precise and accurate treatment of Intracranial cancers and other indications

GK Financing LLC, a Subsidiary of American Shared Hospital Services, Announces Upgrading at Ecuador Center (GKCE) with State-of-the-Art Gamma Knife ICON

- Accretive Transaction to Expand U.S. Footprint - SAN FRANCISCO, CA, Nov. 20, 2023 (GLOBE NEWSWIRE) -- ​​via NewMediaWire -- American Shared Hospital Services (NYSE American: AMS) (“ASHS” or the "Company"), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy cancer treatment systems and services, today announced that it has entered into an Investment Purchase Agreement (the “IPA”) to purchase a 60% majority equity interest in the Southern New England Regional Cancer Center, LLC and Roger Williams Radiation Therapy, LLC, both Rhode Island limited liability companies (collectively, the “Target Companies”), as well as certain payor contracts, from GenesisCare USA, Inc., a Florida corporation (the “Seller”), for a purchase price of $2.85 million. ProspectCharterCARE, LLC d/b/a Roger Williams Medical Center and the Care New England (CNE) Health System each own 20% of the Target Companies.

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