Investors are invited to listen to RadNet's conference call by dialing 844-826-3035. International callers can dial 412-317-5195. There will also be simultaneous and archived webcasts available at https://viavid.webcasts.com/starthere.jsp?ei=1680804&tp_key=197206db18. An archived replay of the call will also be available and can be accessed by dialing 844-512-2921 from the U.S., or 412-317-6671 for international callers, and using the passcode 10191154. About RadNet, Inc. RadNet, Inc., is the leading nation ...

Investors are invited to listen to RadNet's conference call by dialing 844-826-3035. International callers can dial 412-317-5195. There will also be simultaneous and archived webcasts available at https://viavid.webcasts.com/starthere.jsp?ei=1680804&tp_key=197206db18. An archived replay of the call will also be available and can be accessed by dialing 844-512-2921 from the U.S., or 412-317-6671 for international callers, and using the passcode 10191154. CONTACTS: LOS ANGELES, July 16, 2024 (GLOBE NEWSWIRE) ...

HB 1259 expands breast and lung cancer screening coverage. Since January 1, 2024, Maryland-regulated insurers have been prohibited from imposing a copayment, coinsurance, or deductible on coverage for diagnostic mammograms, breast ultrasound, or breast Magnetic Resonance Imaging (MRI) for the detection and diagnosis of breast cancer. This has made imaging more accessible and affordable to patients in Maryland. The new bill now expands that legislation to include image-guided breast biopsy. Additionally, und ...

ANNAPOLIS, Md., June 20, 2024 (GLOBE NEWSWIRE) -- The state of Maryland continues to expand access to crucial healthcare services. RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective outpatient diagnostic imaging services, made public statements to Maryland state committees in support of three bills on breast and lung screening. Maryland Governor Wes Moore recently signed those bills into state law, expanding residents' access to affordable, preventive healthcare. House ...

To that end, stocks like G-III Apparel Group, Ltd. (GIII) , RadNet, Inc. (RDNT) and Hess Corporation (HES) have been selected as the momentum picks for the day using the Driehaus strategy. Regarding the strategy, Driehaus once said: "I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in decline and try to guess when it will turn around." In line with this insight, the American Association of Individual Investo ...

Core Insights - RadNet, Inc. is a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of outpatient imaging centers [3] - The company will present at the Sidoti & Company 2024 Small Cap Conference on June 12, 2024, at 12:15 p.m. Eastern Time [1][3] Company Overview - RadNet operates a network of 375 owned and/or operated outpatient imaging centers across several states including California, Maryland, Delaware, New Jersey, New York, Florida, Texas, and Arizona [3] - The company is recognized as the leading national provider of freestanding, fixed-site diagnostic imaging services in the U.S. based on the number of locations and annual imaging revenue [3] - RadNet employs over 9,700 individuals, including full-time and per diem employees and technologists [3]

Company Overview - RadNet, Inc. is a leading national provider of freestanding, fixed-site diagnostic imaging services in the United States, based on the number of locations and annual imaging revenue [3] - The company operates a network of 375 owned and/or operated outpatient imaging centers across various states including California, Maryland, Delaware, New Jersey, New York, Florida, Texas, and Arizona [3] - RadNet employs over 9,700 individuals, including full-time and per diem employees and technologists [3] Upcoming Presentation - Mark Stolper, Executive Vice President and Chief Financial Officer of RadNet, will present at the Sidoti & Company 2024 Small Cap Conference on June 12, 2024, at 12:15 p.m. Eastern Time [1][3] - The presentation will be available via simultaneous and archived webcasts [2]

LOS ANGELES, June 07, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned and operated outpatient imaging centers, today announced that Mark Stolper, Executive Vice President and Chief Financial Officer, will be presenting at the Goldman Sachs 45th Annual Global Healthcare Conference on Monday, June 10, 2024 at 8:40 a.m. Eastern Time. Details for RadNet's Presentation: RadNet, Inc. is t ...

There will be simultaneous and archived webcasts available at https://urldefense.com/v3/__https://cc.webcasts.com/gold006/061024a_js/? entity=121_NWSYN1N__;!!COmMWt7_Sw!V66l0ZG5cxYwypkaKEI83IPMf5nghGoOxlElZW2FvPr2gR8n8oFoqWg8l4i9k_HD-P52j863_WQru8kCIE$ and www.radnet.com under the "News and Press Releases" sub-menu of the website. Date: Monday, June 10, 2024 Time: 8:40 a.m. Eastern Time Location: Miami, FL RadNet, Inc. is the leading national provider of freestanding, fixed-site diagnostic imaging services ...

Core Viewpoint - RadNet (RDNT) has experienced significant stock price appreciation, with a 20.6% increase over the past month and a 75.6% rise since the beginning of the year, outperforming the broader medical sector and the outpatient and home healthcare industry [1][2]. Financial Performance - For the current fiscal year, RadNet is projected to achieve earnings of $0.59 per share on revenues of $1.77 billion, reflecting an 18% increase in EPS and a 9.22% increase in revenues [2]. - In the next fiscal year, earnings are expected to rise to $0.64 per share on revenues of $1.89 billion, indicating a year-over-year change of 7.91% in EPS and 7.29% in revenues [2]. Valuation Metrics - RadNet's stock trades at a high valuation of 103.5X current fiscal year EPS estimates, significantly above the peer industry average of 22.9X [4]. - On a trailing cash flow basis, RadNet trades at 18.3X compared to the peer group's average of 13.2X, suggesting a premium valuation [4]. - The company has a Value Score of C, a Growth Score of B, and a Momentum Score of C, resulting in a combined VGM Score of B [12]. Zacks Rank and Style Scores - RadNet holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates, which positions it favorably for potential investment [5][13]. - The Zacks Style Scores provide a framework for investors to evaluate stocks based on individual investment styles, with RadNet showing solid scores in Growth and Momentum [3]. Industry Context - The Medical - Outpatient and Home Healthcare industry is performing well, ranking in the top 19% of all industries, which provides a favorable backdrop for RadNet and its peers [7]. - Encompass Health Corporation (EHC), a competitor, has also shown strong performance, with a Zacks Rank of 2 (Buy) and positive earnings expectations [6][14].