RadNet reports Q1 adjusted EPS (35c), consensus (13c)

Reports Q1 revenue $471.399M, consensus $442.98M. Dr. Howard Berger, President and Chief Executive Officer of RadNet (RDNT), commented, “In February, in conjunction with releasing 2024 fourth quarter results and 2025 guidance ranges, we announced that the first quarter of 2025 was going to be negatively impacted by the Southern California wildfires and the severe winter weather conditions in RadNet’s northeast and Houston markets. We report that the impact from these extraordinary events were as previously estimated. Our business significantly recovered in March and has continued to demonstrate strong procedural volumes and Revenue through April and early May.”