RadNet (RDNT) Tops Q2 EPS by 5c
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RadNet Reports Second Quarter Financial Results and Reaffirms Previously Announced 2016 Guidance Levels
August 9, 2016 6:00 AM EDTTotal Net Revenue, modified for working capital adjustments related to New York acquisitions, (Adjusted Revenue),  increased 10.0% to $224.6 million in the second quarter of 2016 from $204.3 million in the second quarter of 2015Adjusted EBITDA(1) increased 4.7% to $35.1 million in the second quarter of 2016 from $33.5 million in the second quarter of 2015 Sequentially, as compared to the first quarter of 2016, Adjusted Revenue increased 3.8%, and Adjusted EBITDA(1) increased 29.6% Earnings Per Share was $0.09 per share, also modified for New York acquisition-related tax-effective adjustments  (Adjusted Earnings Per Share), in the second quarter of 2016, an increase from $0.08 from the second quarter of... More
