RadNet (RDNT) Tops Q3 EPS by 20c, Revenues Miss
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RadNet Reports Third Quarter Financial Results Demonstrating Strong Recovery from the COVID-19 Impact
November 9, 2020 6:00 AM ESTIndicating a substantial recovery from the impact of COVID-19, Total Net Revenue (Revenue) was $291.8 million in the third quarter of 2020, a sequential increase of 53.1% from the second quarter of 2020 and a decrease of only 0.3% from last years third quarter of $292.7 millionAs a result of aggressive cost containment measures, Adjusted EBITDA(1) was $45.8 million in the third quarter of 2020, a sequential increase of 102.8% from the second quarter of 2020 and an increase of 11.7% from last years third quarter Adjusted EBITDA(1) of $41.0 million... More
