RadNet Reports Second Quarter Financial Results
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
Company Research
Source: GlobeNewswire
As a result of taking immediate expense and cash savings measures to react to the impact of COVID-19 on patient volume, RadNet finished the quarter with a cash balance exceeding $84 million and was undrawn on its $137.5 million revolving line of creditRadNet has re-opened 77 of the 102 facilities temporarily closed because of COVID-19Procedural volumes have returned to approximately 90% of pre-COVID-19 per day volumes, from a low point in mid-April of 28% of pre-COVID-19 per day volumesFor the quarter, and as a result of COVID-19, Revenue decreased 34.1% to $190.6 million in the second quarter of 2020 from $289.1 million in the second quarter of 2019Adjusted EBITDA(1) decreased 47.6% to $22.6 million in the second quarter of 2020 from $43.1 million in the second quarter of 2019 Adjusted diluted loss per share was $(0.16) in the second quarter of 2020, as adjusted on a tax-effected basis for the non-cash change in the fair value of an interest rate hedge, as compared with diluted earni
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RDNT
News
- RadNet Teams Up with Basketball Icon Sheryl Swoopes to Promote Healthcare Equity and Access [Yahoo! Finance]Yahoo! Finance
- RadNet Teams Up with Basketball Icon Sheryl Swoopes to Promote Healthcare Equity and AccessGlobeNewswire
- RadNet, Inc. (NASDAQ: RDNT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- RadNet prices and upsizes refinancing transactions [Seeking Alpha]Seeking Alpha
- RadNet Announces Pricing and Upsizing of its Previously Announced Term Loan and Revolving Credit Facility Refinancing TransactionGlobeNewswire
RDNT
Earnings
- 2/29/24 - Beat
RDNT
Sec Filings
- 4/11/24 - Form 8-K
- 4/3/24 - Form 8-K
- 3/12/24 - Form 8-K
- RDNT's page on the SEC website