RadNet (RDNT) Misses Q4 EPS by 6c

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Go back to RadNet (RDNT) Misses Q4 EPS by 6c

RadNet Reports Fourth Quarter 2021 Results and Releases 2022 Financial Guidance

March 1, 2022 6:00 AM EST

Revenue increased 8.0% to $333.2 million in the fourth quarter of 2021 from $308.5 million in the fourth quarter of 2020Adjusted EBITDA(1) increased 7.5% to $54.5 million in the fourth quarter of 2021 from $50.7 million in the fourth quarter of 2020RadNet estimates that its Adjusted EBITDA(1) was negatively impacted by the most recent Omicron surge of COVID-19 by approximately $3 million during the fourth quarter of 2021Adjusting for unusual or one-time items impacting Net Income in the quarter, Adjusted Earnings Per Share(3) was $0.13 for the fourth quarter of 2021; This... More