American Shared Hospital Services ( (AMS) ) has released its Q1 earnings. Here is a breakdown of the information American Shared Hospital Services presented to its investors.
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American Shared Hospital Services (AMS) is a prominent provider of stereotactic radiosurgery equipment and advanced radiation therapy cancer treatment services, operating primarily in North and South America through its leasing and direct patient care services segments.
In the first quarter of 2025, American Shared Hospital Services reported a 17% increase in revenue year-over-year, driven by strategic expansions and operational strength. The company highlighted significant growth in its direct patient services segment, attributed to the acquisition of Rhode Island Centers and the opening of a new facility in Puebla, Mexico.
Key financial metrics revealed that while revenue from direct patient services surged by 224%, the medical equipment leasing segment saw a decline due to contract expirations and equipment downtime. The company reported a net loss of $625,000 compared to a net income of $119,000 in the same quarter last year, with an adjusted EBITDA of $0.9 million, down from $1.7 million in Q1 2024.
Despite the challenges, AMS remains optimistic about its growth trajectory. The company is focusing on expanding its business model, increasing patient volumes, and enhancing operational efficiencies. Future growth is anticipated from new facilities in Mexico and Rhode Island, alongside potential acquisitions.
Looking ahead, American Shared Hospital Services is poised for sustained growth, backed by its strategic initiatives and strong balance sheet. The company is committed to improving efficiency and profitability, ensuring robust long-term growth in the cancer treatment sector.