American Shared Hospital Services (NYSEAMERICAN:AMS) Posts Earnings Results, Misses Expectations By $0.08 EPS

American Shared Hospital Services (NYSEAMERICAN:AMS) released its earnings results on Thursday. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.08), FiscalAI reports. The firm had revenue of $7.08 million for the quarter, compared to the consensus estimate of $6.87 million. American Shared Hospital Services had a negative return on equity of 5.43% and a negative net margin of 5.53%.

Here are the key takeaways from American Shared Hospital Services’ conference call:

• Revenue and profitability improved in Q1 2026, with total revenue up 15.9% year over year to $7.1 million and adjusted EBITDA up 18.4% to $1.1 million.
• Growth was driven by the Direct Patient Care Services segment, which rose 30.2% to about $4.1 million on higher procedure volumes in Rhode Island and Puebla.
• Management said treatment volumes are trending positively into Q2, with stronger performance at Orlando PBRT, Rhode Island centers, and international Gamma Knife sites.
• The company announced a leadership transition, with Gary Delanois stepping down as CEO and longtime executive Craig Tagawa serving as interim CEO.
• Executives highlighted a long-term growth pipeline, including Guadalajara expected to open late this year and Rhode Island expansion projects in Bristol and Johnston, while saying cash balances improved above $5 million.

American Shared Hospital Services Price Performance

Shares of AMS stock traded down $0.10 on Thursday, reaching $1.58. 189,969 shares of the stock were exchanged, compared to its average volume of 424,497. The stock has a market cap of $10.48 million, a PE ratio of -6.87 and a beta of 0.33. American Shared Hospital Services has a one year low of $1.25 and a one year high of $3.11. The stock has a 50 day moving average price of $1.68 and a 200 day moving average price of $1.97.

Institutional Investors Weigh In On American Shared Hospital Services

An institutional investor recently bought a new position in American Shared Hospital Services stock. DRW Securities LLC bought a new position in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned about 0.77% of American Shared Hospital Services as of its most recent SEC filing. 23.16% of the stock is currently owned by hedge funds and other institutional investors.

American Shared Hospital Services Company Profile

American Shared Hospital Services operates as a specialized healthcare services company focused on delivering diagnostic imaging solutions to community and rural hospitals across the United States. Through strategic joint ventures and management agreements, the company collaborates with hospital partners to develop and operate outpatient imaging centers that provide advanced modalities while sharing the capital and operating costs. By partnering directly with hospitals, American Shared Hospital Services enables facility owners to offer in-house diagnostic capabilities without the burden of full operational oversight and significant equipment investment.

The company’s service portfolio encompasses a wide range of imaging technologies, including magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography/computed tomography (PET/CT), mammography, ultrasound, bone densitometry (DEXA) and nuclear medicine.