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American Shared Hospital Services (AMS)
NYSE MKT:AMS
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Earnings Data
Report Date
Mar 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.01Last Year’s EPS
$0.06Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2024
|% Change Since: 3.43%
|Next Earnings Date:Mar 27, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of strong revenue growth and significant strategic expansions with the Rhode Island acquisition and international developments, countered by challenges in the Gamma Knife segment and increased operational costs leading to a net loss.Company Guidance
During the AMS Q3 2024 earnings call, the company reported a 36% year-over-year revenue growth, reaching $6.99 million, bolstered by the Rhode Island acquisition and the new Puebla, Mexico facility. Despite this growth, the company faced challenges such as a decline in gross margin by $732,000, attributed to reduced Gamma Knife treatment volumes and a shift in revenue mix towards its Retail segment. The net loss for the quarter was $207,000, or $0.03 per share, compared to a gain of $118,000, or $0.02 per share, in Q3 2023. Cash and equivalents were strong at $14.1 million, with $4.5 million outstanding on a $7 million line of credit. The call emphasized strategic expansions and investments, including a 273% increase in Retail segment revenue, although the company acknowledged the impact of temporary start-up costs and operational inefficiencies from recent acquisitions. Adjusted EBITDA was reported at $1.37 million, down from $1.67 million in the previous year.Strong Revenue Growth
Third quarter revenue increased by 36.3% to $6.99 million compared to $5.13 million in the previous year, driven by the Rhode Island acquisition and the new facility in Puebla, Mexico.
Retail Segment Expansion
Revenue from the company's Retail segment increased by 273% year-over-year. This growth was largely due to the acquisition of Rhode Island companies and the startup of operations in Puebla.
International Business Growth
AMS expanded its international presence with the opening of a facility in Puebla, Mexico, and plans for a new Gamma Knife facility in Guadalajara, Mexico.
Rhode Island Acquisition Benefits
The Rhode Island acquisition added significant value, with $8 million in net assets acquired for $3 million, including $2.4 million in cash.
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AMS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AMS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $3.21 | $2.85 | -11.21% |
| Aug 14, 2024 | $3.11 | $3.01 | -3.22% |
| May 14, 2024 | $3.52 | $3.43 | -2.56% |
| Mar 27, 2024 | $2.69 | $2.95 | +9.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does American Shared Hospital Services (AMS) report earnings?
American Shared Hospital Services (AMS) is schdueled to report earning on Mar 27, 2025, TBA Not Confirmed.
What is American Shared Hospital Services (AMS) earnings time?
American Shared Hospital Services (AMS) earnings time is at Mar 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMS EPS forecast?
AMS EPS forecast for the fiscal quarter 2024 (Q4) is $0.01.
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