RadNet (RDNT) Tops Q4 EPS by 41c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

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Go back to RadNet (RDNT) Tops Q4 EPS by 41c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

RadNet Reports Record Fourth Quarter and Full Year 2018 Results and Releases 2019 Financial Guidance

March 14, 2019 6:00 AM EDT

For the fourth quarter of 2018, RadNet reports Total Net Revenue (Revenue) of $257.2 million and Adjusted EBITDA([1])of $46.2 million; Adjusted EBITDA(1) includes adjustments as a result of substantial gains and losses from changes in the organization of east coast and international operations Revenue increased 9.2% and Adjusted EBITDA(1) increased 13.5% as compared with the same quarter in 2017 For full year 2018, RadNet reports Revenue of $975.1 million and Adjusted EBITDA(1)of $143.5 million; Revenue increased 5.7% and Adjusted EBITDA(1) increased 0.7% as compared... More