RadNet (RDNT) Tops Q2 EPS by 19c; Offers FY23 Revenue Guidance

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Go back to RadNet (RDNT) Tops Q2 EPS by 19c; Offers FY23 Revenue Guidance

RadNet Reports Second Quarter Financial Results, with Record Quarterly Revenue and Adjusted EBITDA(1), and Updates 2023 Financial Guidance Ranges

August 8, 2023 6:00 AM EDT

Revenue increased 13.9% to a quarterly record of $403.7 million in the second quarter of 2023 from $354.4 million in the second quarter of 2022; Excluding Revenue from our Artificial Intelligence (AI) reporting segment, Revenue from the Imaging Centers reporting segment in the second quarter of 2023 was $401.3 million, an increase of 13.8% from last years second quarter of $352.8 millionExcluding losses from our AI reporting segment, Adjusted EBITDA(1) from the Imaging Centers reporting segment was a quarterly record of $63.7 million in the second quarter of 2023 as compared with $55.5 million in the second quarter of... More