RadNet

RadNet, Inc. provides freestanding, fixed-site outpatient diagnostic imaging services in the United States. Its centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders and reduce unnecessary invasive procedures. The firm offers magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures. RadNet was founded by Howard G. Berger in 1980 and is headquartered in Los Angeles, CA.

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RadNet reports strong Q4 earnings, targets AI growth in 2023

RadNet's Q4 2022 performance demonstrated strong revenue and EBITDA growth, fueled by procedural demand and strategic investments in AI and expansion initiatives.
Despite challenges like labor market disruptions and a net loss, the company's focus on innovation, market positioning, and financial discipline bodes well for future profitability and growth.
Opportunities lie in AI revenue growth, de novo center profitability, and market expansion, positioning RadNet as a key player in the radiology industry with a clear path to sustained success.
With a commitment to quality services, shareholder value, and operational excellence, RadNet's strategic vision aligns with industry trends and growth opportunities, setting the stage for continued success and market leadership.

RadNet reports record Q1 revenue and EBITDA growth, eyes AI expansion

RadNet's Q1 2023 showcased strong financial performance and operational improvements. Despite challenges like net loss and labor inflation, the company is strategically positioned for growth through expansion and AI initiatives. Opportunities in advanced imaging services and cancer detection technologies present avenues for future success.

RadNet reports record Q2 earnings, eyes growth amid challenges

RadNet's Q2 2023 performance reflects strong revenue and EBITDA growth, driven by core Imaging Center segment.
While facing challenges like potential Medicare cuts and AI segment delays, the company is optimistic about growth opportunities.
Strategic initiatives in preventative medicine, AI, and outpatient services position RadNet for future success.
With a focus on innovation and financial strength, RadNet aims to capitalize on market shifts and technological advancements.

RadNet reports robust Q3 earnings, eyes growth through AI and partnerships

RadNet's Q3 performance reflects strong revenue growth and financial management, supported by AI division success and strategic initiatives for 2024.
Despite challenges such as staffing shortages and pricing discussions, the company's strengths in liquidity, debt management, and operational focus position it well for future growth.
Opportunities in acquisitions, AI investments, and partnerships offer avenues for expansion and innovation, driving RadNet's market leadership and service excellence.
Overall, RadNet's focus on growth, efficiency, and strategic partnerships underscores its commitment to sustainable success and market resilience in the healthcare industry.

RadNet reports record Q4 earnings, eyes AI growth opportunities

RadNet's Q4 2023 performance was strong, with record revenue and adjusted EBITDA driven by Imaging Center segment growth.
The company's focus on AI, acquisitions, and joint ventures presents growth opportunities but also challenges in reaching expansion targets.
Management's commitment to market leadership and financial strength positions RadNet well for future success and innovation.
RadNet's strategic investments and balance sheet strength support its growth initiatives and potential breakthroughs in AI solutions.

RadNet achieves record Q3 results, eyes AI growth opportunities

RadNet's Q3 2024 performance showcased exceptional financial results, underpinned by revenue growth, operational efficiency, and strategic guidance revisions for the full year.
The company's strengths lie in expansion initiatives, innovative collaborations, and a forward-looking approach towards technology commercialization and digital health advancement.
While facing challenges in regional adoption rates and program implementations, RadNet is well-positioned to capitalize on opportunities through strategic partnerships, AI profitability, and market expansion efforts.

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GREENVILLE, S.C., Nov. 30, 2020 /PRNewswire/ -- eRAD, a subsidiary of RadNet, Inc. (NASDAQ: RDNT), a leading provider of radiology image and data management software solutions, announced today that Hutchinson Clinic went live with eRAD's RIS, Referring Physician Portal, Patient Portal,...

Hutchinson Clinic Deploys eRAD RIS to Improve Workflows and Integrations

LOS ANGELES, Nov. 25, 2020 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned and operated outpatient imaging centers, today announced that Mark Stolper, Executive Vice President and Chief Financial Officer, will be presenting at the BofA Securities 2020 Virtual Leveraged Finance Conference on Monday, November 30, 2020 at 12:45 p.m. Pacific Time (3:45 p.m. Eastern Time)  

RadNet, Inc. to Present at the BofA Securities 2020 Virtual Leveraged Finance Conference on November 30, 2020

GREENVILLE, S.C., Nov. 10, 2020 /PRNewswire/ -- eRAD, a subsidiary of RadNet, Inc. (NASDAQ: RDNT), a leading provider of radiology image and data management software solutions, announced today that Advanced Imaging Concepts has selected a full range of eRAD solutions to improve workflows...

Advanced Imaging Concepts of Florida selects eRAD to Improve Efficiencies

RadNet, Inc. (RDNT) CEO Howard Berger on Q3 2020 Results - Earnings Call Transcript

LOS ANGELES, Nov. 09, 2020 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 334 owned and/or operated outpatient imaging centers, today reported financial results for its third quarter of 2020.

RadNet Reports Third Quarter Financial Results Demonstrating Strong Recovery from the COVID-19 Impact

LOS ANGELES, Nov. 05, 2020 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned and operated outpatient imaging centers, today announced that Mark Stolper, Executive Vice President and Chief Financial Officer, will be presenting at the Jefferies Virtual London Healthcare Conference on Thursday, November 19, 2020 at 10:10 a.m. Pacific Time (6:10 p.m. GMT)  

RadNet, Inc. to Present at the Jefferies Virtual London Healthcare Conference on November 19, 2020

LOS ANGELES, Oct. 30, 2020 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and operated outpatient imaging centers, announced today that it will host a conference call to discuss its third quarter 2020 financial results on Monday, November 9th, 2020 at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time).

RadNet, Inc. Announces Date of its Third Quarter 2020 Financial Results Conference Call

LOS ANGELES, Oct. 27, 2020 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services today reported it has expanded operations into Arizona by establishing its third outpatient radiology joint venture with CommonSpirit Health and completing the acquisition of AZ Tech MRI & Radiology, an eight location multimodality radiology practice. The Phoenix, Arizona venture expands the existing commitment of RadNet and Dignity Health, which is part of CommonSpirit Health, to provide high-quality imaging services to targeted medical communities and patient populations.

RadNet Creates an Operating Platform in Phoenix, Arizona through a New Joint Venture with Dignity Health/CommonSpirit Health

LOS ANGELES, Oct. 20, 2020 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services today reported it has executed a partnership agreement with Adventist Health to create an outpatient imaging joint venture in Simi Valley, California to initially include three outpatient facilities.

RadNet and Adventist Health Form a Joint Venture in Simi Valley, California

RadNet (RDNT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

RadNet (RDNT) Upgraded to Strong Buy: Here's What You Should Know

LOS ANGELES, Sept.  22, 2020  (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned and operated outpatient imaging centers, today announced that Mark Stolper, Executive Vice President and Chief Financial Officer, will be presenting at the Sidoti & Company Fall 2020 Conference on Wednesday, September 23rd at 12:15 p.m. Eastern Time.

RadNet, Inc. to Present at the Sidoti & Company Fall 2020 Virtual Conference on Wednesday, September 23rd

LOS ANGELES, Aug.  31, 2020  (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 332 owned and/or operated outpatient imaging centers, today announced the amendment of its senior secured first lien credit agreement to increase the amount of the revolving commitments thereunder by $57.5 million.

RadNet Expands its Revolving Credit Facility to $195 million

RadNet (RDNT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About RadNet (RDNT) Rating Upgrade to Buy

RadNet, Inc. (RDNT) CEO Howard Berger on Q2 2020 Results - Earnings Call Transcript

RadNet (RDNT) delivered earnings and revenue surprises of 61.90% and 3.18%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

RadNet (RDNT) Reports Q2 Loss, Tops Revenue Estimates

LOS ANGELES, Aug.  10, 2020  (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 332 owned and/or operated outpatient imaging centers, today reported financial results for its second quarter of 2020.

RadNet Reports Second Quarter Financial Results

Collaboration will include data sharing, R&D and an upgrade of RadNet’s fleet of Hologic mammography systems to state-of-the-art imaging technology Collaboration will include data sharing, R&D and an upgrade of RadNet’s fleet of Hologic mammography systems to state-of-the-art imaging technology

RadNet and Hologic Announce Collaboration to Advance the Development of Artificial Intelligence Tools in Breast Health

RadNet (RDNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: RadNet (RDNT) Q2 Earnings Expected to Decline

LOS ANGELES, July  28, 2020  (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and operated outpatient imaging centers, announced today that it will host a conference call to discuss its second quarter 2020 financial results on Monday, August 10th, 2020 at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time).

RadNet, Inc. Announces Date of its Second Quarter 2020 Financial Results Conference Call

RadNet, Inc. (RDNT) CEO Howard Berger on Q1 2020 Results - Earnings Call Transcript

Shares of RadNet (NASDAQ:RDNT) remained unaffected at $14.43 after the company reported Q1 results.

Recap: RadNet Q1 Earnings

RadNet, Inc. (RDNT) CEO Howard Berger on Q4 2019 Results - Earnings Call Transcript

RadNet (RDNT) delivered earnings and revenue surprises of 40.00% and 2.70%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

RadNet (RDNT) Beats Q4 Earnings and Revenue Estimates

TORONTO, Jan.  10, 2020  (GLOBE NEWSWIRE) -- Profound Medical Corp. (TSX:PRN; NASDAQ:PROF) (“Profound” or the “Company”), a commercial-stage medical device company focused on customizable, incision-free therapies which combine real-time Magnetic Resonance Imaging (“MRI”), thermal ultrasound and closed-loop temperature feedback control for the radiation-free ablation of diseased tissue, today announced the signing of its first-ever U.S. multi-site imaging center agreement for TULSA-PRO® with RadNet, Inc. (NASDAQ:RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 340 owned and/or operated outpatient imaging centers.

Profound Medical and RadNet Sign the First-Ever U.S. Multi-Center Commercial Agreement for TULSA-PRO®

LOS ANGELES, Jan.  10, 2020  (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services today reported it has committed to install its first TULSA-PRO® System, an incision-free solution for prostate disease, which was developed to revolutionize treatment for men diagnosed with prostate cancer.

News for RadNet Stock (RDNT)