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0 -0.00877500877500877 7.02000702000063E-05 7.02000702000063E-05 -0.00301860301860307 -0.00301860301860307 -0.00315900315900328 0
Stock impact report

RadNet (RDNT) Stock Trades Down, Here Is Why [Yahoo! Finance]

RadNet, Inc. (RDNT) 
Last radnet, inc. earnings: 3/12 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: radnet.com/about-radnet/investor-relations
Company Research Source: Yahoo! Finance
report questioning the medical imaging company's artificial intelligence (AI) business and growth metrics. The report claimed that RadNet's AI division, a key driver of investor enthusiasm, accounted for less than 5% of the company's revenue. Hunterbrook's analysis also challenged RadNet's reported "same-center" revenue growth, suggesting that about half of this growth resulted from closing centers near surviving locations and shifting patients, rather than organic expansion. This method, according to the report, lowered the real growth to an estimated 2.5%-3%, well below the reported 6%-10%. Additionally, the short-seller raised concerns about the company's accounting practices, noting that its adjusted margins excluded costs like stock-based compensation and some research and development spending. The shares closed the day at $71.24, down 1.9% from previous close. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stock Show less Read more
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