Radiosurgery center operator American Shared Hospital Services (ASHS) of San Francisco this week released financial results for the first quarter (end-March 31) that showed the company reporting a slight decrease in revenues and an increase in net income.
For the period, American Shared posted sales of $4.1 million, down 2% compared with revenue of $4.2 million in the first quarter of 2009. The company's net income was $8,000, compared with a loss of $94,000 in the corresponding period of 2009.
In other ASHS news, the company announced a new agreement to develop a proton-beam radiation therapy facility at Kettering Medical Center of Dayton, OH.
Related Reading
American Shared reallocates funds toward PBRT, September 24, 2007
American Shared inks proton-beam deal with M. D. Anderson, November 16, 2006
American Shared adds IGRT to Tufts, June 1, 2006
American Shared reports rising sales and profit, May 4, 2006
American Shared to fund proton beam development, April 11, 2006
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