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GlobeNewswire·

American Shared Hospital Services Reports Second Quarter and First Half 2026 Financial Results

AMS
  • Second quarter 2026 total revenue increased 19% year-over-year to $8.4 million.
  • Direct Patient Services revenue rose 40% to $4.9 million, driven by higher procedure volumes in Rhode Island, Peru, & Mexico.
  • Proton Beam Radiation Therapy revenue grew 22% to $2.3 million due to increased treatment volumes & reimbursement rates.
  • International Gamma Knife revenue increased 56% over the first six months of 2026 to $2.7 million.
  • First half 2026 operating cash flow reached $4.4 million.
  • Cash, cash equivalents, & restricted cash increased to $6.8 million as of June 30, 2026.
  • The company reported a net loss of $514,000 ($0.07 per share) for the second quarter, primarily due to legal costs & increased credit loss allowances.
  • Adjusted EBITDA for the second quarter was $1.3 million, down from $1.7 million in the prior year period.
  • First half 2026 total revenue increased 18% to $15.5 million.
  • The company entered a Third Amendment to its Credit Agreement with Fifth Third Bank & secured $2.0 million in subordinated financing.
  • Conference call regarding financial results was scheduled for August 13, 2026, at 1:00 PM ET.