RadNet, Inc. (RDNT) Tops Q2 EPS by 7c; Boosts FY14 Revs Outlook
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RadNet Reports Record Second Quarter Financial Results and Adjusts Upwards 2014 Guidance Ranges for Revenue and Adjusted EBITDA(1)
August 8, 2014 6:00 AM EDTAdjusted EBITDA(1), Income Before Income Taxes and Net Income Per Share are the highest quarterly results in the Company's history Adjusted EBITDA(1) increased 11.3%, from $30.0 million in the second quarter of 2013 to $33.4 in the second quarter of 2014 Sequentially, as compared to the first quarter of 2014, Total Net Revenue ("Revenue") increased 6.0%, and Adjusted EBITDA(1) increased 20.9% Earnings Per Share increased from $0.07 per share in the second quarter of 2013 to $0.12 per share in the second quarter of 2014; Income Before Income Taxes increased $3.8 million (excluding non-recurring gains and losses from the sale of imaging centers... More
Santa Fe Imaging Deploys eRAD RIS
August 6, 2014 9:17 AM EDTGREENVILLE, S.C., Aug. 6, 2014 (GLOBE NEWSWIRE) -- Fe Imaging (SFI), the preeminent provider of diagnostic imaging and interventional radiology in northern New Mexico, implemented eRAD RIS as the core of its new operational strategy.
eRAD, a subsidiary of RadNet, Inc. (Nasdaq: RDNT), a leading provider of standards-based, web-centric radiology image and data management solutions, provided a RIS solution that significantly improves SFI's workflow efficiencyand business opportunities.
"Initially, the driver was Meaningful Use. The window for incentives was closing, and we aimed to get it done in four... More
