RadNet (RDNT) Tops Q3 EPS by 3c
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RadNet Reports Third Quarter Financial Results and Revises Upward 2021 Financial Guidance Ranges for Adjusted EBITDA(1) and Free Cash Flow(2)
November 8, 2021 6:00 AM ESTRevenue increased 14.0% to $332.7 million in the third quarter of 2021 from $291.8 million in the third quarter of 2020Adjusted EBITDA(1) increased 36.0% to $62.3 million in the third quarter of 2021 from $45.8 million in the third quarter of 2020; Adjusted to remove a one-time $7.7 million benefit from the forgiveness of deferred federal payroll taxes, Adjusted EBITDA(1) was $54.6 million, an increase of 19.2% from the third quarter of 2020Adjusting for one-time items impacting Net Income in the quarter, Adjusted Earnings Per Share(3) was $0.21... More
