American Shared Hospital (AMS) Reports Q2 EPS of $0.03

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Go back to American Shared Hospital (AMS) Reports Q2 EPS of $0.03

American Shared Hospital Services Reports Second Quarter Results

August 19, 2015 8:03 AM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- AMERICAN SHARED HOSPITAL SERVICES (NYSE MKT: AMS), a leading provider of turnkey technology solutions for advanced radiosurgical and radiation therapy services, today announced financial results for the second quarter and first half of 2015.

Second Quarter Highlights:

Revenue increased 38.2% compared to the second quarter of 2014, excluding prior year's revenue in Turkey.

Operating income increased to $478,000 versus an operating loss of $602,000 last year.

The net loss of $1,970,000, or $0.36 per share, included a $2,114,000 ($0.39 per share) non-cash write-down of AMS' equity investment in Mevion Medical Systems. Excluding the non-cash... More