American Shared Hospital (AMS) Reports Q4 EPS of $0.05

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Go back to American Shared Hospital (AMS) Reports Q4 EPS of $0.05

American Shared Hospital Services Reports Fourth Quarter and 2015 Results

March 29, 2016 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 fourth quarter and 2015.

Fourth Quarter Results

For the three months ended December 31, 2015, medical services revenue increased 4.3% to $4,162,000 compared to medical services revenue of $3,992,000 for the fourth quarter of 2014.

Net income for the fourth quarter of 2015 more than quadrupled to $277,000, or $0.05 per share, compared to net income of $58,000, or $0.01 per share, for the fourth quarter of 2014.

The... More