RadNet (RDNT) Misses Q1 EPS Views
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RadNet Reports First Quarter Financial Results, Announces its First Health System Joint Venture in California and Reaffirms 2016 Guidance Ranges
May 10, 2016 6:01 AM EDTTotal Net Revenue (Revenue) increased 19.4% to $216.4 million in the first quarter of 2016 from $181.3 million in the first quarter of 2015Adjusted EBITDA(1) increased 34.2% to $27.1 in the first quarter of 2016 from $20.2 million in the first quarter of 2015Â Diluted loss per share was $(0.04) per share in the first quarter of 2016, a significant improvement from an $(0.11) loss per share in last years first quarterAggregate procedural volumes increased 18.2% and same center volumes increased 3.9% as compared with the first quarter of 2015Subsequent to the end of the quarter, RadNet... More
