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Hot Stocks
American Shared Hospital appoints Peter Gaccione COO » 16:10
09/01/22
09/01
16:10
09/01/22
16:10
AMS

American Shared Hospital

$2.63 /

-0.005 (-0.19%)

American Shared Hospital…

American Shared Hospital Services announced the appointment of Peter Gaccione as COO, effective September 7. Gaccione assumes the COO position from Craig Tagawa who remains the company's President and CFO. Most recently, Gaccione served as President and a Member of the Executive Management Board of Myocardial Solutions Inc., a medical technology company in the cardiology and cardio-oncology field, where he led the product commercialization, sales, marketing development, and clinical teams.

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AMS American Shared Hospital
$2.63 /

-0.005 (-0.19%)

AMS American Shared Hospital
$2.63 /

-0.005 (-0.19%)

Over a quarter ago
Earnings
American Shared Hospital reports Q1 EPS 4c vs. 0c last year » 08:15
05/12/22
05/12
08:15
05/12/22
08:15
AMS

American Shared Hospital

$2.25 /

-0.05 (-2.17%)

Reports Q1 revenue $4.85M…

Reports Q1 revenue $4.85M vs. $4.36M last year.

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AMS American Shared Hospital
$2.25 /

-0.05 (-2.17%)

AMS American Shared Hospital
$2.25 /

-0.05 (-2.17%)

Hot Stocks
American Shared Hospital appoints Timothy Keel as VP, sales and marketing » 08:07
05/06/22
05/06
08:07
05/06/22
08:07
AMS

American Shared Hospital

$2.26 /

-0.03 (-1.31%)

American Shared Hospital…

American Shared Hospital Services announced that it has expanded the Company's sales team by hiring TimothyKeel as Vice President of Sales and Marketing, responsible for sales and marketing company-wide, effective May 3, 2022. Ernest R. Bates will become Vice President of International Sales and Marketing. He previously served as Vice President of Sales for Dext Capital, a leading independent Healthcare finance company.

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AMS American Shared Hospital
$2.26 /

-0.03 (-1.31%)

AMS American Shared Hospital
$2.26 /

-0.03 (-1.31%)

Hot Stocks
American Shared Hospital announces signing of JV for radiation therapy facility » 08:10
04/29/22
04/29
08:10
04/29/22
08:10
AMS

American Shared Hospital

$2.21 /

+0.02 (+0.92%)

American Shared Hospital…

American Shared Hospital Services announced that it has signed a joint venture agreement to partner in a radiation therapy facility in Puebla, Mexico, located 80 miles from Mexico City. AMS has signed a Joint Venture, JV, agreement with the principal owners of Guadalupe Amor Y Bien to establish a Mexican company to treat public and private cancer patients. AMS and Guadalupe will hold 85% and 15% ownership interests, respectively, in Newco. Under the agreement, AMS will be responsible for providing a linear accelerator upgrade to an Elekta Versa HD, and Guadalupe will be accountable for all site modification costs. "This is an exciting transaction for AMS, and the first expansion of our international strategy into Mexico, which also includes our existing Gamma Knife centers in Peru and Ecuador," said Ray Stachowiak, Chief Executive Officer. "We believe that the joint venture with the principals of the Guadalupe facility is a testament to AMS' broadened product line and is ripe with opportunity. The upgrade to the Versa's multiple treatment techniques, which includes IMRT, VMAT, SBRT and Radiosurgery, are expected to generate significant demand from the populous region."

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AMS American Shared Hospital
$2.21 /

+0.02 (+0.92%)

AMS American Shared Hospital
$2.21 /

+0.02 (+0.92%)

Earnings
American Shared Hospital reports Q4 EPS 4c vs. ($1.01) last year » 08:02
03/24/22
03/24
08:02
03/24/22
08:02
AMS

American Shared Hospital

$2.41 /

-0.015 (-0.62%)

Reports Q4 revenue $4.69M…

Reports Q4 revenue $4.69M vs. $4.6M last year. Ray Stachowiak, CEO, commented, "AMS ended the year on a high note, reporting the strongest quarterly revenue and net income in the fourth quarter of 2021 since the pandemic began. We reported revenue of $4.7 million in the fourth quarter and $17.6 million for the full year, both roughly in line with the comparable periods last year. The positive impact from the balance sheet restructuring that we completed early in 2021 significantly lowered interest expense and resulted in increased profitability and a return to positive net income for both the quarter and the year. We finished the year with good momentum, which on a modest 1.8% increase in fourth quarter revenue combined with a 31% decrease in costs of revenue, resulted in operating income of $828,000, a positive swing of $1.1 million, excluding losses from the write-down of impaired assets in the fourth quarter of 2021 and 2020. Net income was $219,000 compared to a loss in the fourth quarter of last year, despite higher SG&A expenses in the current period from the pursuit of new business opportunities." We are continuing to closely monitor our costs and expenses as we focus on increasing our revenue streams. Cash increased during the year and totaled $8.3 million at year end, and when added to our unused working capital line of $7 million, represents significant capital that AMS has to invest in new opportunities both in the US and internationally. The advanced radiation therapy equipment market is growing and with a broadened equipment sales approach, substantial capital and a lowered breakeven point, we believe that AMS is now very well positioned for future growth and sustained profitability," concluded Mr. Stachowiak.

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AMS American Shared Hospital
$2.41 /

-0.015 (-0.62%)

AMS American Shared Hospital
$2.41 /

-0.015 (-0.62%)

Earnings
American Shared Hospital sees FY21 revenue $17.7M » 08:06
02/15/22
02/15
08:06
02/15/22
08:06
AMS

American Shared Hospital

$2.11 /

-0.01 (-0.47%)

"Revenue for the…

"Revenue for the full year was roughly even with the prior year, despite the quarterly ups and downs from the ongoing impact of the pandemic. Full year 2021 is projected to be profitable due to lower costs of revenue. With a strengthened balance sheet resulting from the second quarter 2021 debt refinancing that increased our cash position to in excess of $8 million at year end, along with an unused working capital line of $7 million, AMS has significant capital to deploy into new opportunities. We believe the actions that we have recently taken position us to accomplish our planned future growth initiatives," concluded Ray Stachowiak, Chief Executive Officer.

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AMS American Shared Hospital
$2.11 /

-0.01 (-0.47%)

AMS American Shared Hospital
$2.11 /

-0.01 (-0.47%)

Earnings
American Shared Hospital sees Q4 revenue $4.7M vs $4.61M last year » 08:06
02/15/22
02/15
08:06
02/15/22
08:06
AMS

American Shared Hospital

$2.11 /

-0.01 (-0.47%)

"The fourth quarter…

"The fourth quarter was the best of the year for AMS and the highest reported revenue since the pandemic began," said Ray Stachowiak, Chief Executive Officer. "Revenue in the fourth quarter grew modestly quarter-over-quarter and rebounded from the lower levels of the previous quarter. With lower costs of revenue resulting from the balance sheet restructuring that was completed at year end 2020, the higher fourth quarter revenue filtered down through the income statement to generate the highest gross margin and operating income since before the pandemic. Our preliminary operating income increased despite selling, general and administrative expenses trending higher in the fourth quarter due to an increase in legal and other costs related to the pursuit of new business opportunities."

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AMS American Shared Hospital
$2.11 /

-0.01 (-0.47%)

AMS American Shared Hospital
$2.11 /

-0.01 (-0.47%)

Hot Stocks
American Shared Hospital appoints Kathleen Miles, Vicki Wilson to board » 08:32
12/30/21
12/30
08:32
12/30/21
08:32
AMS

American Shared Hospital

$2.34 /

+0.01 (+0.43%)

, PNC

PNC Financial

$201.29 /

+0.36 (+0.18%)

American Shared Hospital…

American Shared Hospital Services announced changes to its Board of Directors. The changes will result in five total Board members, one less than currently. The Board has elected two new directors, Kathleen Miles and Vicki Wilson, effective December 28, 2021. Sandra Lawrence resigned from the Board, effective December 24, 2021. Ernest Bates, M.D. and David Larson, M.D. resigned from the Board, effective December 28, 2021. Dr. Bates and Dr. Larson will both become consultants to the Company. Kathleen Miles currently serves as Chief Counsel, Public Finance, of The PNC Financial Services Group. Vicki Wilson currently serves as Deputy Director, Finance and Administration and Chief Fiscal Officer of the State of Illinois Department of Public Health.

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PNC PNC Financial
$201.29 /

+0.36 (+0.18%)

AMS American Shared Hospital
$2.34 /

+0.01 (+0.43%)

AMS American Shared Hospital
$2.34 /

+0.01 (+0.43%)

PNC PNC Financial
$201.29 /

+0.36 (+0.18%)

12/09/21 UBS
PNC Financial initiated with a Buy at UBS
12/09/21 UBS
PNC Financial initiated with a Buy at UBS
12/06/21 Morgan Stanley
PNC Financial cut to Underweight at Morgan Stanley amid big bank rating shake-up
12/06/21 Morgan Stanley
PNC Financial downgraded to Underweight from Equal Weight at Morgan Stanley
PNC PNC Financial
$201.29 /

+0.36 (+0.18%)

AMS American Shared Hospital
$2.34 /

+0.01 (+0.43%)

PNC PNC Financial
$201.29 /

+0.36 (+0.18%)

PNC PNC Financial
$201.29 /

+0.36 (+0.18%)

Hot Stocks
American Shared Hospital signs office sub-lease » 08:22
11/30/21
11/30
08:22
11/30/21
08:22
AMS

American Shared Hospital

$2.72 /

+0.1 (+3.82%)

American Shared Hospital…

American Shared Hospital Services announced that the company has signed a sub-lease for its existing corporate offices. AMS has also signed a lease for new corporate offices with a smaller footprint. Ray Stachowiak, Chief Executive Officer, commented, "With the onset of the COVID-19 pandemic, AMS implemented technology and processes that allowed its administrative staff to efficiently and effectively work remotely. As a consequence, the Company has sublet its current corporate office and will relocate its corporate office to a smaller space at 601 Montgomery Street, Suite 1112, San Francisco, California on December 1, 2021. This move is estimated to provide cash savings of more than $115,000 over the next 12 months."

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AMS American Shared Hospital
$2.72 /

+0.1 (+3.82%)

AMS American Shared Hospital
$2.72 /

+0.1 (+3.82%)

Earnings
American Shared Hospital reports Q3 EPS 1c vs. (3c) last year » 08:15
11/10/21
11/10
08:15
11/10/21
08:15
AMS

American Shared Hospital

$3.08 /

+0.02 (+0.65%)

Reports Q3 revenue…

Reports Q3 revenue $4.099M vs $4.670M last year. Ray Stachowiak, Chief Executive Officer, commented, "AMS' operating results continue to be positively impacted from the financial actions that we've taken despite the lingering impact from the COVID-19 pandemic on revenue. In the third quarter revenue decreased 12.2% year-over-year to $4.1 million, but combined with a greater reduction in direct and other costs, including interest expense, the gross margin increased 28.9% and net income was modestly positive. This was the third consecutive quarter that we reported positive operating income, which is benefiting from our year end balance sheet restructuring and the debt refinancing that we completed in April, and all of our cost reduction initiatives. During the quarter we announced an agreement for business development services which will expand our sales efforts to all Federal facilities in the U.S., including all Veterans Affairs and Department of Defense hospitals, and includes many of the most esteemed facilities throughout our country. This agreement expands our addressable market, and combined with other marketing initiatives in our plans, is expected to help AMS achieve its key goals to grow revenue and achieve sustained profitability. Supported by a strong foundation and ample financial resources, including $7.2 million in cash and a $7 million line of credit, we believe that AMS is well positioned for future growth," concluded Stachowiak.

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AMS American Shared Hospital
$3.08 /

+0.02 (+0.65%)

AMS American Shared Hospital
$3.08 /

+0.02 (+0.65%)

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