RadNet (RDNT) Misses Q1 EPS by 15c

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Go back to RadNet (RDNT) Misses Q1 EPS by 15c

RadNet Reports First Quarter Financial Results with Record Revenue and Adjusted EBITDA(1) from Imaging Center Operations and Revises Upwards 2022 Financial Guidance Ranges

May 9, 2022 6:00 AM EDT

Revenue increased 8.4% to $341.8 million in the first quarter of 2022 from $315.3 million in the first quarter of 2021; Excluding Revenue from our Artificial Intelligence (AI) reporting segment, Revenue from the Imaging Center segment in the first quarter of 2022 was $341.2 million, an increase of 8.2% from last years first quarterExcluding losses from our AI reporting segment and Provider Relieve Funding received in last years first quarter, Adjusted EBITDA(1) from Imaging Centers was $41.7 million in the first quarter of 2022 as compared with $40.1 million in the first quarter of 2021, an... More