RadNet (RDNT) Misses Q1 EPS by 4c
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RadNet Reports First Quarter Financial Results and Reaffirms 2017 Guidance Ranges
May 10, 2017 6:00 AM EDTTotal Net Revenue (Revenue) increased 5.8% to $229.0 million in the first quarter of 2017 from $216.4 million in the first quarter of 2016Adjusted EBITDA(1) increased 5.8% to $28.7 in the first quarter of 2017 from $27.1 million in the first quarter of 2016Â Diluted loss per share was $(0.03) per share in the first quarter of 2017, flat from the prior years first quarterAggregate procedural volumes increased 2.5% and same center volumes increased 2.1% as compared with the first quarter of 2016Established two joint ventures with Cedars-Sinai in the greater Los Angeles areaExited the Rhode... More
