RadNet Reports Third Quarter Financial Results and Reaffirms Previously Announced 2019 Guidance Levels
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RadNet (RDNT) Misses Q3 EPS by 2c, Revenues Beat; Reaffirms FY19 Revenue Outlook
November 12, 2019 6:04 AM ESTRadNet (NASDAQ: RDNT) reported Q3 EPS of $0.08, $0.02 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $292.7 million versus the consensus estimate of $283.39 million.
Total Net Revenue (Revenue) increased 20.9% to $292.7 million in the third quarter of 2019 from $242.1 million in the third quarter of 2018Adjusted EBITDA(1) increased 7.7% to $41.0 million in the third quarter of 2019 from $38.1 million in the third quarter of 2018 Earnings Per Share was $0.06 per share in the third quarter of 2019 as compared with $0.10 from the third quarter of 2018; Adjusting for legal settlements in this years third quarter,... More