Earnings ·
American Shared Hospital Services reported second quarter and first half 2026 financial results
AMSAmerican Shared Hospital Services
American Shared Hospital Services reported second quarter and first half 2026 financial results. Second quarter revenue increased 19% year-over-year to $8.4 million, driven by a 40% rise in Direct Patient Services revenue to $4.9 million and a 22% increase in Proton Beam Radiation Therapy revenue to $2.3 million. The company reported a net loss of $514,000, or $0.07 per diluted share, compared to a net loss of $280,000 in the prior-year period. Adjusted EBITDA was $1.3 million for the quarter. Cash from operating activities totaled $4.4 million in the first half of 2026. Subsequent to the quarter end, the company entered into a Third Amendment to its Credit Agreement with Fifth Third Bank and secured $2.0 million of subordinated financing from RCS/TIG Holdings LLC. American Shared Hospital Services is a provider of stereotactic radiosurgery equipment and advanced radiation therapy cancer treatment services.