RadNet Reports Second Quarter Financial Results and Increases Financial Guidance Levels
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RadNet (RDNT) Reports In-Line Q2 EPS, Revenues Beat; Raises FY19 Revenue Guidance Above Consensus
August 8, 2019 6:05 AM EDTRadNet (NASDAQ: RDNT) reported Q2 EPS of $0.12, in-line with the analyst estimate of $0.12. Revenue for the quarter came in at $289.1 million versus the consensus estimate of $272.36 million.
Revenue increased 18.3% to $ÂÂÂÂ289.1 million in the second quarter of 2019 from $244.4 million in the second quarter of 2018Adjusted EBITDA(1) increased 13.0% to $43.1 million in the second quarter of 2019 from $38.2 million in the second quarter of 2018Diluted earnings per share was $0.12 in the second quarter of 2019, as adjusted on a tax-effected basis for net expenses from the debt financing and legal settlements in the... More