RadNet (NASDAQ: RDNT) reported Q3 EPS of $0.12, in-line with the analyst estimate of $0.12. Revenue for the quarter came in at $227.6 million versus the consensus estimate of $232.84 million.

• Total Net Revenue (“Revenue”) increased 1.3% to $227.6 million in the third quarter of 2017 from $224.6 million in the third quarter of 2016: Adjusting for the sale of the Rhode Island facilities, Revenue increased 1.9% as compared with last year’s third quarter
• Adjusted EBITDA(1) increased 0.5% to $36.1 million in the third quarter of 2017 from $35.9 million in the third quarter of 2016; Adjusting for the sale of the Rhode Island facilities, Adjusted EBITDA(1) increased 1.3% as compared with last year’s third quarter
• Earnings Per Share adjusted for non-recurring events taken place in the quarters (“Adjusted Earnings Per Share”) is $0.12 per share in the third quarter of 2017 as compared with $0.11 from the third quarter of 2016
• Aggregate procedural volumes increased 2.4% (adjusting for the sale of the Rhode Island centers); same center procedural volumes increased 1.5%
• A successful refinancing transaction was completed during the quarter, retiring the second lien term loan, simplifying the capital structure, increasing financial flexibility and reducing interest expense

For earnings history and earnings-related data on RadNet (RDNT) click here.