American Shared Hospital (AMS) Reports Q1 EPS of $0.07

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Go back to American Shared Hospital (AMS) Reports Q1 EPS of $0.07

American Shared Hospital Services First Quarter Net Income Increased 33.1%

May 10, 2018 8:03 AM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- AMERICAN SHARED HOSPITAL SERVICES (NYSE AMERICAN: AMS) (the "Company"), a leading provider of turnkey technology solutions for advanced radiosurgical and radiation therapy services, today announced financial results for the first quarter of 2018.

First Quarter Results

For the three months ended March 31, 2018, rental income from medical services increased 8.0% to $5,305,000 compared to rental income from medical services of $4,914,000 for the first quarter of 2017. Net income attributable to the Company for the first quarter of 2018 increased 33.1% to $390,000, or $0.07 per basic and diluted share, compared to net income attributable to... More