American Shared reports rising sales and profit

Radiosurgery center operator American Shared Hospital Services of San Francisco this week released financial results for the first quarter (end-March 31) that showed the company reporting growth in revenues and net income.

For the period, American Shared posted sales of $5 million, up 13% compared to revenue of $4.4 million in the first quarter of 2005. The company's net income was $436,000, compared to $395,000 in the corresponding period of 2005.

By AuntMinnie.com staff writers
May 4, 2006

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