RadNet (RDNT) Misses Q2 EPS by 3c

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RadNet Reports Second Quarter Financial Results and Reaffirms Previously Announced 2015 Guidance Levels

August 10, 2015 6:00 AM EDT

Total Net Revenue ("Revenue") increased 14.1% to $204.3 million in the second quarter of 2015 from $179.1 million in the second quarter of 2014 Adjusted EBITDA(1) increased 0.4% to $33.5 in the second quarter of 2015 from $33.4 million in the second quarter of 2014 Sequentially, as compared to the first quarter of 2015, Revenue increased 12.7%, and Adjusted EBITDA(1) increased 66.1% Earnings Per Share was $0.08 per share in the second quarter of 2015, a sequential increase from $(0.11) from the first quarter of 2015 and a decrease from $0.12 from last year's second quarter Aggregate procedural volumes increased 15.5% and same center volumes increased 7.6% as compared with the second... More