RadNet Reports Fourth Quarter Results with Record Revenue and Adjusted EBITDA and Releases 2021 Financial Guidance
RadNet, Inc. (RDNT)
Last radnet, inc. earnings: 3/12 06:00 am
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US:NASDAQ Investor Relations:
radnet.com/about-radnet/investor-relations
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Source: GlobeNewswire
Despite the ongoing impact of COVID-19, RadNet reports record fourth quarter 2020 Total Net Revenue (“Revenue”) of $308.5 million and Adjusted EBITDA(1)of $50.7 million; Revenue increased 2.5% and Adjusted EBITDA(1) increased 8.1% as compared with the same quarter in 2019 Improved reimbursement from expanded implementation of 3D mammography and increases in capitation contracts and cash collections drove increased RevenueFocus on cost reductions, center consolidations and operational efficiencies throughout the COVID-19 period resulted in an Adjusted EBITDA(1) margin of 16.4%, an improvement of 0.8%, or 80 basis points relative to last year’s fourth quarterAdjusted Net Income(3) for the fourth quarter of 2020 was $10.2 million, or $0.20 per diluted share as compared with $9.9 million, or $0.19 per diluted share for the same period in 2019RadNet announces 2021 guidance ranges, anticipating material increases in Revenue, Adjusted EBITDA(1) and Free Cash Flow from 2019 and 2020 levels
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News
- Those who invested in RadNet (NASDAQ:RDNT) five years ago are up 299% [Yahoo! Finance]Yahoo! Finance
- RadNet, Inc. Announces Date of its First Quarter 2024 Financial Results Conference Call [Yahoo! Finance]Yahoo! Finance
- RadNet, Inc. Announces Date of its First Quarter 2024 Financial Results Conference CallGlobeNewswire
- RadNet Announces Closing of its Previously Announced Term Loan and Revolving Credit Facility Refinancing Transaction [Yahoo! Finance]Yahoo! Finance
- RadNet Announces Closing of its Previously Announced Term Loan and Revolving Credit Facility Refinancing TransactionGlobeNewswire
RDNT
Earnings
- 2/29/24 - Beat
RDNT
Sec Filings
- 4/18/24 - Form 8-K
- 4/11/24 - Form 8-K
- 4/3/24 - Form 8-K
- RDNT's page on the SEC website