GlobeNewswire·Nov 13, 2025, 7:00 AM ET

American Shared Hospital Services Reports Third Quarter 2025 Financial Results

American Shared Hospital Services reported Q3 2025 revenue of $7.2 million, a 2.5% increase period over period.
Q3 2025 direct patient services revenue rose 9.4% to $4.0 million.
Q3 2025 EBITDA grew 42.3% to $1.94 million compared to $1.37 million in Q3 2024.
The company signed a 10-year extension & an upgrade for an Esprit Gamma Knife System with an existing health system.
Net loss for Q3 2025 decreased 91.8% to $17,000 from $207,000 in the prior year period.
Gross margin for Q3 2025 improved to 22.1%, up 15.8% from the prior year period.
Revenue for the first nine months of 2025 increased 5.6% year over year to $20.4 million.
Direct patient care services revenue for the nine-month period increased 36.5% to $10.7 million.
Equipment leasing segment revenue decreased 5.3% in Q3 to $3.1 million due to lower PBRT volumes.
Cash, cash equivalents, & restricted cash totaled $5.3 million at September 30, 2025, down from $11.3 million at year-end 2024.
Capital expenditures totaled $7.5 million during the nine-month period, driving the cash decrease.
The company is advancing permitting for a new radiation therapy center in Bristol, Rhode Island, & a proton beam center in Johnston, Rhode Island.
A new Gamma Knife center in Guadalajara, Mexico, is expected to startup in Q2 2026.
A conference call to discuss results is scheduled for 1:00 PM ET on November 13, 2025.