The earnings call reflected strong performance in the second quarter with record revenue and adjusted EBITDA, driven by growth in advanced imaging and digital health segments. Strategic acquisitions and the implementation of TechLive contributed to operational efficiency. Despite weather-related disruptions earlier in the year and ongoing labor cost challenges, the company's financial health remains robust with a strong cash position and low leverage.

Company Guidance -

Q3 2025

In the second quarter of 2025, RadNet reported record revenue and adjusted EBITDA, highlighting a strong recovery from disruptions in the first quarter due to California wildfires and severe weather. Total company revenue reached $498.2 million, an 8.4% increase from the prior year, while Digital Health segment revenue soared by 30.9% to $20.7 million. The company's adjusted EBITDA rose by 12.3% to $81.2 million, bolstered by a 60-basis point margin expansion to 16.3%. RadNet's advanced imaging procedures, including MRI, CT, and PET/CT, experienced significant growth, with PET/CT increasing 22.4% on an aggregate basis. The implementation of TechLive, a remote screening technology, has expanded operational hours and reduced MRI room closures by 42% in New York. RadNet plans to connect all its advanced imaging equipment to TechLive by early 2026. Additionally, the acquisition of iCAD and See-Mode Technologies is expected to enhance revenue and operational efficiency, with See-Mode's technology already demonstrating a 30% reduction in scan time in ultrasound applications. With a strong cash balance of $833 million and a net debt to adjusted EBITDA ratio of 0.96, RadNet is poised to capitalize on acquisition opportunities, increase capacity, and further invest in strategic initiatives.

Record Quarterly Revenue and Adjusted EBITDA

RadNet achieved a record quarterly revenue of $498.2 million, an 8.4% increase from the previous year. Adjusted EBITDA also reached a record $81.2 million, a 12.3% increase from last year.

Advanced Imaging Growth

Advanced imaging procedures increased to 27.5% of total procedures, up from 26.5% last year, with MRI, CT, and PET/CT showing significant growth. PET/CT procedures grew 22.4% on an aggregate basis.

Successful Implementation of TechLive

TechLive significantly contributed to a 42% decrease in MRI room closures in New York, leading to increased capacity and efficiency.

Digital Health Segment Expansion

Digital Health segment revenue increased by 30.9% to $20.7 million, driven by AI and radiology software revenue growth.

Positive Cash Position and Low Leverage

RadNet ended the quarter with $833 million in cash and a net debt to adjusted EBITDA ratio of 0.96, indicating strong liquidity and financial health.

Acquisition of iCAD and See-Mode Technologies

The acquisitions are expected to expand RadNet's capabilities in AI-powered imaging solutions, particularly in breast cancer screening and ultrasound imaging.

Radnet (RDNT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

RDNT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.23 / -	0.04	―	―	―
Aug 10, 2025	2025 (Q2)	0.16 / 0.31	-0.04	875.00% (+0.35)	―
May 11, 2025	2025 (Q1)	-0.14 / -0.50	-0.04	-1150.00% (-0.46)	―
Feb 27, 2025	2024 (Q4)	0.20 / 0.07	-0.03	333.33% (+0.10)	―
Nov 10, 2024	2024 (Q3)	0.14 / 0.04	0.25	-84.00% (-0.21)	―
Aug 07, 2024	2024 (Q2)	0.15 / -0.04	0.12	-133.33% (-0.16)	―
May 08, 2024	2024 (Q1)	0.04 / -0.04	-0.36	88.89% (+0.32)	―
Feb 29, 2024	2023 (Q4)	0.14 / -0.03	-0.02	-50.00% (>-0.01)	―
Nov 08, 2023	2023 (Q3)	0.07 / 0.25	0.01	2400.00% (+0.24)	―
Aug 08, 2023	2023 (Q2)	0.07 / 0.12	0.13	-7.69% (-0.01)	―

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

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.

FAQ

When does Radnet Inc (RDNT) report earnings?

Radnet Inc (RDNT) is schdueled to report earning on Nov 05, 2025, TBA (Confirmed).

What is Radnet Inc (RDNT) earnings time?

Radnet Inc (RDNT) earnings time is at Nov 05, 2025, TBA (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 (Q3) is 0.23.

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