Imaging Centers Operator RadNet Q3 Earnings: Strong Q3 Performance On Positive Trends, Raises Annual Outlook [Yahoo! Finance]
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RadNet, Inc. (RDNT)
Last radnet, inc. earnings: 3/12 06:00 am
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Source: Yahoo! Finance
Revenue from the Digital Health reportable segment increased 34.3% to $16.4 million, partly due to a $2.2 million increase in AI Revenue, which climbed to $5.1 million during the third quarter. The increase was mainly due to the continuing success of the rollout of the Enhanced Breast Cancer Detection DeepHealth AI-powered screening mammography program. Aggregate procedural volumes in the third quarter of 2024 increased 9%, and same-center procedural volumes increased 5.5% compared with the third quarter of 2023. Howard Berger, President and CEO of RadNet, commented, “We continue to demonstrate strong growth and record results in each of our Imaging Center and Digital Health reportable operating segments.” The outpatient imaging centers network reported an adjusted EBITDA of $73.7 million, an increase of 27.2%. “Despite continued inflation in staffing costs, improved reimbursement from commercial and capitated payors, strong demand for advanced imaging modalities, the growth
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RDNT
News
- RadNet, Inc. Announces Date of its Fourth Quarter 2024 Financial Results Conference Call [Yahoo! Finance]Yahoo! Finance
- RadNet, Inc. Announces Date of its Fourth Quarter 2024 Financial Results Conference CallGlobeNewswire
- RadNet, Inc. (NASDAQ: RDNT) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $88.00 price target on the stock, down previously from $94.00.MarketBeat
- RadNet, Inc. (NASDAQ: RDNT) had its price target lowered by analysts at Barclays PLC from $85.00 to $74.00. They now have an "overweight" rating on the stock.MarketBeat
- RadNet, Inc. (NASDAQ: RDNT) had its price target lowered by analysts at Jefferies Financial Group Inc. from $100.00 to $80.00. They now have a "buy" rating on the stock.MarketBeat
RDNT
Earnings
- 11/10/24 - Beat
RDNT
Sec Filings
- 1/10/25 - Form 4
- 1/10/25 - Form 4
- 1/10/25 - Form 4
- RDNT's page on the SEC website