Radnet ( (RDNT) ) has released its Q2 earnings. Here is a breakdown of the information Radnet presented to its investors.
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RadNet, Inc. is a prominent provider of outpatient diagnostic imaging services in the United States, operating a network of 405 imaging centers and offering radiology information technology and AI solutions under the DeepHealth brand.
In its latest earnings report, RadNet announced record quarterly revenue and adjusted EBITDA for the second quarter of 2025, with total company revenue reaching $498.2 million, an 8.4% increase from the previous year. The company also reported significant growth in its Digital Health segment, with revenue rising by 30.9%.
Key financial highlights include a 12.3% increase in adjusted EBITDA to $81.2 million and a notable improvement in adjusted earnings per share, which rose to $0.31 from $0.16 in the same quarter of the previous year. The company also saw a 9.0% increase in aggregate advanced imaging procedural volumes, driven by investments in MRI software and AI-assisted analytics for CT programs.
Looking ahead, RadNet has revised its full-year 2025 financial guidance upwards, anticipating higher revenue and adjusted EBITDA than initially expected. The company plans to continue expanding its capacity with new imaging centers and further develop its AI-powered healthcare solutions.