RadNet Reports Second Quarter Financial Results to Include Record Revenue and Reaffirms Guidance Ranges
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RadNet (RDNT) Misses Q2 EPS by 2c, Revenues Beat; Offers FY18 Revenue Outlook
August 9, 2018 6:04 AM EDTRadNet (NASDAQ: RDNT) reported Q2 EPS of $0.11, $0.02 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $244 million versus the consensus estimate of $239.47 million.
Total Net Revenue increased 6.3% to $244.4 million in the second quarter of 2018 from $230.0 million in the second quarter of 2017Adjusted EBITDA(1) increased 3.0% to $38.2 million in the second quarter of 2018 from $37.0 million in the second quarter of 2017Earnings Per Share was $0.11 in the second quarter of 2018, flat from the second quarter of 2017Aggregate procedural volumes increased 3.7% and same center volumes increased 1.0% as... More