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Radnet Inc (RDNT)
NASDAQ:RDNT
Earnings Data
Report Date
May 12, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.11Last Year’s EPS
-0.04Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -14.17%
|Next Earnings Date:May 12, 2025
Earnings Call Sentiment|Positive
RadNet's earnings call highlighted robust financial growth, especially in digital health and imaging revenues, with strategic expansions and a strong cash position. However, severe weather and labor shortages posed challenges, affecting short-term performance. Despite these challenges, the company's strong underlying performance and strategic initiatives indicate a positive outlook.Company Guidance
During the RadNet, Inc. Fourth Quarter 2024 Financial Results Conference Call, the company provided an optimistic outlook for 2025 despite challenges faced in early 2025 due to severe winter weather and wildfires. For the fourth quarter of 2024, RadNet reported a 13.5% increase in total company revenue to $477.1 million and a 14% increase in adjusted EBITDA to $75 million. The digital health segment showed robust growth with revenues rising by 28.1% to $18.9 million and adjusted EBITDA surging 61.6% to $4.5 million. Advanced imaging accounted for 26.8% of procedural volume, an increase of 137 basis points year-over-year. The company ended 2024 with a strong financial position, boasting a cash balance of $740 million and maintaining a net debt to adjusted EBITDA leverage ratio below one. For 2025, RadNet anticipates 30% revenue growth in its digital health segment, despite planning $20 million in infrastructure investments. The company aims to enhance operational efficiencies through technology, focusing on building sales, marketing, and customer support capabilities, while also considering strategic acquisitions to expand their offerings.Record-Breaking Quarterly Revenue and Growth
RadNet reported its strongest quarter in history, with total company revenue increasing 13.5% to $477.1 million and adjusted EBITDA increasing 14% from last year's fourth quarter to $75 million.
Significant Growth in Digital Health Segment
Digital health revenues increased by 28.1% to $18.9 million, with adjusted EBITDA growing 61.6% to $4.5 million from last year's fourth quarter.
Expansion of Imaging Centers and Partnerships
RadNet opened nine new facilities in 2024 and increased its hospital and health system joint ventures to 153 centers, representing 38.4% of total centers.
Successful Financial Management and Cash Position
RadNet ended 2024 with a cash balance of $740 million and a net debt to adjusted EBITDA leverage ratio below one times, with strategic refinancing efforts lowering interest costs.
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RDNT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RDNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $57.60 | $55.47 | -3.70% |
| Aug 07, 2024 | $56.89 | $61.67 | +8.40% |
| May 08, 2024 | $50.63 | $53.57 | +5.81% |
| Feb 29, 2024 | $37.86 | $44.35 | +17.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Radnet Inc (RDNT) report earnings?
Radnet Inc (RDNT) is schdueled to report earning on May 12, 2025, TBA Not Confirmed.
What is Radnet Inc (RDNT) earnings time?
Radnet Inc (RDNT) earnings time is at May 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RDNT EPS forecast?
RDNT EPS forecast for the fiscal quarter 2025 (Q1) is -0.11.
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