RadNet (RDNT) Misses Q1 EPS by 15c
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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 EDTRevenue 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
