AMS AMERICAN SHARED HOSPITAL SERVICES

BEARISH Impact: 6/10 8-K
Horizon days Filed May 14, 2026 Processed 26d 12h ago SEC 0001437749-26-016933
8-K Item 2.02: Earnings release
Latest settled — T+5d
AMS ▼ -14.56% at T+5d
SHORT call ✓ call won +14.56% · α vs SPY +13.84% · entry $1.58 → $1.35
Next anchor: T+20d in 2d
Currently $1.50 · +5.06% from $1.58 entry (call sign-flipped)
Entry anchored
May 14, 09:40 AM ET
via Databento tick
T+1d
-6.96%
call +6.96% · α +5.74%
$1.47
settled 26d ago
T+5d
-14.56%
call +14.56% · α +13.84%
$1.35
settled 20d ago
T+20d
call — · α —
in 2d
T+60d
call — · α —
in 2mo

Price Chart

Loading chart...

Executive Summary

AMS reported Q1 2026 revenue of $7.1M (+15.9% YoY), beating the $6.9M consensus, but EPS of -$0.09 was a significant miss vs the -$0.01 consensus. Gross margins improved to 18.2% from 15.4% and Adjusted EBITDA rose 18.4% to $1.1M, though the company remains unprofitable with a net loss of -$0.6M. The revenue beat is overshadowed by the large EPS miss and ongoing covenant discussions with its lender.

Key Financial Metrics

Gross Margin
18.2%

Actionable Insight

The large EPS miss and ongoing lender covenant discussions are the dominant signals. Monitor the Q2 2026 earnings for evidence that volume growth translates to profitability and for any resolution of the debt covenant situation.

Key Facts

  • Revenue of $7.1M beat consensus of $6.9M and grew 15.9% YoY
  • EPS of -$0.09 missed consensus of -$0.01 by 800%
  • Gross margin improved to 18.2% from 15.4% YoY
  • Adjusted EBITDA increased 18.4% to $1.1M from $0.9M
  • Net loss attributable to AMS was -$0.6M, unchanged from prior year
  • Direct patient services revenue grew 30.2% to $4.1M
  • Cash improved to $5.2M from $3.7M at year-end 2025
  • Company continues discussions with lender regarding debt covenant waivers
  • Current portion of long-term debt was $16.8M

Financial Impact

EPS miss of -$0.08 vs consensus on a $11M market cap is material; revenue beat of ~$0.2M is modest

epsrevenuegross marginadjusted ebitda

Risk Factors

  • Debt covenant non-compliance could trigger acceleration or restructuring
  • Continued operating losses despite revenue growth
  • High leverage with $16.8M current debt vs $5.2M cash

Market Snapshot

Exchange
NYSE
Sector
Services-Medical Laboratories
Analyst Consensus
80% bullish (5 analysts)

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001437749-26-016933
Document: asha20260513_8k.htm0001437749-26-016933
Document: 0001437749-26-016933-index-headers.html0001437749-26-016933
Document: 0001437749-26-016933-index.html0001437749-26-016933
Document: 0001437749-26-016933.txt0001437749-26-016933
8-K Data (Synthetic)0001437749-26-016933
8 reports for AMS
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+5▲ +8.28%Mar 31, 2026
Filters
Rows
Reports for AMS — sortable, filterable
Type Now
May 14, 2026
26d ago
8-K
BEARISH ★ 6/10
$1.58 $1.35▲ +14.56%▲ +13.84%$1.50 (+5.06%)
May 14, 2026
26d ago
Press Release
MIXED ★ 6/10
$1.58 $1.35▼ −14.56%▼ −13.84%$1.50 (−5.06%)
May 7, 2026
4w ago
DEFA14A
NEUTRAL ★ 2/10
$2.01 $1.68▼ −16.42%▼ −17.92%$1.50 (−25.37%)
Apr 30, 2026
5w ago
DEFA14A
NEUTRAL ★ 3/10
$1.45 $1.81▲ +24.83%▲ +23.10%$1.50 (+3.45%)
Apr 24, 2026
6w ago
8-K
BEARISH ★ 6/10
$1.32 $1.84▼ −39.39%▼ −38.99%$1.50 (−13.64%)
Mar 31, 2026
10w ago
8-K
BEARISH ★ 8/10
$1.45 $1.33▲ +8.28%▲ +12.22%$1.50 (−3.45%)
Mar 31, 2026
10w ago
Press Release
BEARISH ★ 7/10
$1.45 $1.33▲ +8.28%▲ +12.22%$1.50 (−3.45%)
Mar 24, 2026
11w ago
Press Release
NEUTRAL ★ 3/10
$1.90 $1.45▼ −23.68%▼ −23.26%$1.50 (−21.05%)
Showing 8 of 8

US Market Status

Market Closed — Opens Thu (9h 35m)

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access