RadNet Reports Third Quarter Financial Results and Reaffirms Previously Announced 2018 Guidance Levels
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RadNet (RDNT) Misses Q3 EPS by 6c, Revenues Beat; Offers FY18 Revenue Mid-Point Guidance Below Consensus
November 9, 2018 6:02 AM ESTRadNet (NASDAQ: RDNT) reported Q3 EPS of $0.10, $0.06 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $242.1 million versus the consensus estimate of $240.06 million.
Dr. Howard Berger, President and Chief Executive Officer of RadNet, commented, I am pleased with our results this quarter. We compared favorably in all metrics relative to last years third quarter. We demonstrated Revenue, Adjusted EBITDA(1) and earnings growth as well as positive same center revenue and procedural increases.
Dr. Berger continued, Immediately after quarter-end, we completed two... More
