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Stock impact report

AMS: Benefits of Rhode Island, New International JV, Expected ‘Asset-Light' Model [Yahoo! Finance]

American Shared Hospital Services (AMS) 
NASDAQ:AMEX Investor Relations: ashs.com/investors.html
Company Research Source: Yahoo! Finance
American Shared Hospital Services' (NYSE:AMS) retail business model is driving revenue growth, with sites internationally and domestically, now that the acquisition of controlling interest in three Rhode Island centers has closed. Rhode Island expanded AMS's retail / direct segment footprint substantially and contributed to a 27% y/y revenue increase in 2Q24. Retail segment revenue increased more than four-fold; expect O&O footprint to expand... AMS recently launched the business model to own and operate (O&O) equipment itself at select locations, an initiative that is expected to boost revenue growth and give AMS greater control over its business and expected revenue streams. The company acquired a controlling 60% interest in three radiation therapy cancer centers in Rhode Island, which expand its direct footprint. Rhode Island represents AMS' first domestic retail locations. AMS also currently owns cancer care treatment centers in Peru, Ecuador and Mexico. Revenue from the Rh Show less Read more
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