American Shared Hospital Services Reports Second Quarter 2020 Financial Results

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SAN FRANCISCO, CA, Aug. 14, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for advanced radiosurgical and radiation therapy services, today announced financial results for the second quarter ended June 30, 2020.

  • The Company completed its acquisition of Gamma Knife Center Ecuador S. A.
  • Total revenue in the second quarter was $3,991,000, a decline of 23.2% from the comparable period in 2019. Proton therapy revenue of $1,401,000 was consistent with the second quarter of 2019. Gamma Knife revenue of $2,590,000 declined 28.1% compared to the second quarter of 2019 due to the impact of the COVID-19 pandemic on volumes, as well as lower average reimbursement at the
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    iAnthus Reports Fiscal 2019 Financial Results and Provides Additional Business Updates

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    NEW YORK and TORONTO, July 31, 2020 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCQX: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, reports its financial results for the year ended December 31, 2019. The Company’s Financial Statements for the year ended December 31, 2019 and the related Management’s Discussion & Analysis can be accessed on the Company’s SEDAR profile at www.sedar.com and on the Company’s website.

    Additional Business Updates

    Mutual Termination of Acquisition

    The Company and WSCC, Inc. (“Sierra Well”) announce the mutual termination of the merger agreement previously announced on September 19, 2019. As a result of the prolonged timeline to achieve the necessary conditions to close combined with the adverse market conditions surrounding the industry and broader economy, the Company and Sierra Well agreed that it was in the best of interest

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