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American Shared Hospital Services - AMS STOCK NEWS

Welcome to our dedicated news page for American Shared Hospital Services (Ticker: AMS), a resource for investors and traders seeking the latest updates and insights on American Shared Hospital Services.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Shared Hospital Services's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Shared Hospital Services's position in the market.

News
American Shared Hospital Services Strengthens Senior Management Structure
Rhea-AI Summary
American Shared Hospital Services (AMS) announces changes to strengthen its senior management structure, with Ray Stachowiak becoming Executive Chairman and CEO, Craig Tagawa as President and COO, and Greg Mercurio joining as Senior VP of Radiation Oncology. The company also promotes Ranjit Pradhan to VP of Customer Advocacy and Global Marketing. These changes follow the passing of former CEO Peter Gaccione.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
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News
American Shared Hospital Services Announces the Sudden Passing of CEO, Peter Gaccione
Rhea-AI Summary
American Shared Hospital Services (AMS) announces the sudden passing of CEO Peter Gaccione. The company expresses deep sadness and extends sympathies to his family. Gaccione, with 40 years of experience in the global Radiation Oncology and Imaging business, was appointed CEO in March 2023 after serving as COO briefly.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
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none
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News
American Shared Hospital Services Reports Fourth Quarter 2023 Financial Results
Rhea-AI Summary
American Shared Hospital Services (AMS) announces positive financial results for Q4 2023, with total revenue up by 13.1% and gross margin increasing by 24.1%. The company signed new orders and strengthened its core business by extending leases at Gamma Knife sites. AMS also made progress in international markets, completing equipment upgrades in Ecuador and planning to open a new center in Puebla, Mexico.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.67%
Tags
earnings
News
American Shared Hospital Services Pays Tribute to Ernest A. Bates, M.D., Founder and Former Chairman and CEO
Rhea-AI Summary
American Shared Hospital Services (AMS) announced the passing of Dr. Ernest A. Bates, the Company's Founder and former Chairman, who was a pioneering neurosurgeon, entrepreneur, and philanthropist. Dr. Bates played a crucial role in advancing state-of-the-art medical equipment accessibility, particularly for underserved communities. His vision and contributions have shaped the Company's success over the years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
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News
American Shared Hospital Services Announces Fourth Quarter 2023 Earnings Conference Call
Rhea-AI Summary
American Shared Hospital Services (AMS) will hold a conference call to discuss its fourth quarter 2023 financial results on March 28th. The call will provide insights into the company's performance and future prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
earnings
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News
GK Financing LLC, a Subsidiary of American Shared Hospital Services, Announces Agreement to Reload Lovelace Medical Center with New Cobalt Sources and Software Upgrade
Rhea-AI Summary
GK Financing LLC (GKF), a subsidiary of American Shared Hospital Services (NYSE American: AMS), has entered into an agreement with Lovelace Medical Center (LMC), Albuquerque, NM, to reload its Gamma Knife Icon with new Cobalt Sources and install Lightning Treatment Planning software. The installation is expected to be completed in mid-2024. The upgrade aims to drive efficiencies, productivity, and accuracy, benefiting the Albuquerque community battling cancer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
none
News
GK Financing LLC, a Subsidiary of American Shared Hospital Services, Announces Upgrading at Ecuador Center (GKCE) with State-of-the-Art Gamma Knife ICON
Rhea-AI Summary
GK Financing LLC (GKF) completes the installation of Elekta Gamma Knife ICON at the Gamma Knife Center (GKCE) in Ecuador, demonstrating a commitment to advanced radiosurgery and radiation oncology services. The new technology offers precise and accurate treatment for intracranial cancers and other indications, with the first successful patient treatment completed in just six weeks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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American Shared Hospital Services Enters Into Agreement to Acquire 60% Majority Interest in Three Radiation Therapy Cancer Centers in Rhode Island
Rhea-AI Summary
American Shared Hospital Services (NYSE American: AMS) expands its U.S. footprint by acquiring a 60% majority equity interest in the Southern New England Regional Cancer Center, LLC and Roger Williams Radiation Therapy, LLC, as well as certain payor contracts, from GenesisCare USA, Inc. for $2.85 million. This acquisition adds three fully functional turn-key radiation therapy cancer centers in Rhode Island, equipped with state-of-the-art cancer treatment technology, and is expected to be accretive to the company's base. The transaction is subject to bankruptcy court approval and other customary closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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acquisition
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News
American Shared Hospital Services Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
American Shared Hospital Services (NYSE American: AMS) announced an increase in the sales pipeline, 2 lease extensions, and advancements in international cancer center equipment upgrades. Financial results for Q3 2023 showed a 6.3% increase in total revenue, with gross margin at 40.9% of revenue. The company reported net income of $118,000, or $0.02 per diluted share, and cash at September 30, 2023, was $14,655,000. The sales pipeline growth, lease extensions, and international equipment upgrades are expected to drive future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.36%
Tags
earnings
News
American Shared Hospital Services Announces Third Quarter 2023 Earnings Conference Call
Rhea-AI Summary
AMS to Hold Quarterly Conference Call to Discuss Third Quarter 2023 Financial Results on November 13th, 2023 at 4:30 pm ET / 1:30 pm PT
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
Tags
earnings
Stock AMS logo
American Shared Hospital Services

NYSE:AMS

AMS Rankings

#5146 Ranked by Market Cap
#2705 Ranked by Stock Gains
N/A Ranked by Dividends

AMS Stock Data

18.67M
4.48M
38.51%
16.59%
0.06%
Dental Laboratories
Manufacturing
Link
United States
San Francisco

About AMS

with over 100 years of industry experience, american shared hospital services (ashs) management has the talent, knowledge and infrastructure as the leading provider of radiosurgical and radiation therapy services. our goal is to provide maximum benefit to our medical center partners with our innovative financing solutions coupled with value added services.