AMS Q2 revenue rises 19% to $8.4 million; net loss widens to $514,000
American Shared Hospital Services reported second-quarter 2026 revenue of $8.4 million, up 19% from a year earlier, while its net loss attributable to the company widened to $514,000, or $0.07 per diluted share, from $280,000, or $0.04 per share. After quarter end, the company entered a Third Amendment to its Credit Agreement and Forbearance Agreement with Fifth Third Bank and secured $2.0 million of subordinated financing from an entity controlled by its Executive Chairman.
Key points
- Q2 revenue was $8.4 million, up from $7.1 million; Direct Patient Services revenue rose 40% to $4.9 million.
- Q2 net loss attributable to the company was $514,000 ($0.07 per diluted share), versus $280,000 ($0.04) in Q2 2025, driven by $285,000 of legal costs and a $909,000 increase in credit loss allowance.
- Subsequent to quarter end, the company signed a Third Amendment to its Credit Agreement and Forbearance Agreement with Fifth Third Bank.
- The company secured $2.0 million of subordinated financing from RCS/TIG Holdings LLC, an entity controlled by Executive Chairman Ray Stachowiak.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.