RadNet(RDNT)

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RadNet Reports Third Quarter Financial Results with Record Quarterly Revenue and Adjusted EBITDA⁽¹⁾ and Revises Upwards 2024 Financial Guidance Ranges
GlobeNewswire News Room· 2024-11-10 21:15
Total Company Revenue increased 14.7% to $461.1 million in the third quarter of 2024 from $402.0 million in the third quarter of 2023; Revenue from the Digital Health reportable segment (inclusive of intersegment revenue) increased 34.3% to $16.4 million in the third quarter of 2024 from $12.2 million in the third quarter of 2023Digital Health Revenue growth resulted in part from a $2.2 million (or 75.8%) increase in AI Revenue, which climbed to $5.1 million during the third quarter of 2024 from $2.9 millio ...
RadNet (RDNT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-11-04 16:01
Wall Street expects a year-over-year increase in earnings on higher revenues when RadNet (RDNT) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 11. ...
RadNet, Inc. Announces Date of its Third Quarter 2024 Financial Results Conference Call
GlobeNewswire News Room· 2024-10-25 10:00
LOS ANGELES, Oct. 25, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and operated outpatient imaging centers, announced today that it will host a conference call to discuss its third quarter 2024 financial results on Monday, November 11, 2024 at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time). Investors are invited to listen to RadNet’s conference call by dialing 844-826-3035. Internati ...
3 Reasons Growth Investors Will Love RadNet (RDNT)
ZACKS· 2024-10-09 17:48
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the ...
RadNet: Secular Tailwinds Underpinned By AI Monetization Prospects
Seeking Alpha· 2024-10-02 10:16
RadNet's (NASDAQ: RDNT ) business is at a pivotal stage, presenting its stock as an attractive investment opportunity. The company is positioned to boost both top-line growth and profitability as the digital imaging market is shifting NHM Capital is a family office investing across different assets classes with a focus on global listed equity. NHM Capital is run by Markus Schmitz who worked for 20 years in Investmentbanking at Goldman Sachs, Morgan Stanley and Credit Suisse starting in Mergers and Acquisiti ...
RadNet, Inc. to Present at the Sidoti & Company Small Cap 2024 Virtual Conference on Wednesday, September 18th
GlobeNewswire News Room· 2024-09-17 20:05
LOS ANGELES, Sept. 17, 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 Sidoti & Company Small Cap 2024 Virtual Conference on Wednesday, September 18th at 4:00 p.m. Eastern Time. There will be simultaneous and archived webcasts av ...
RadNet, Inc. Announces the Appointment of Kees Wesdorp as President and Chief Executive Officer of RadNet's Digital Health Division
GlobeNewswire News Room· 2024-09-12 10:00
Former Chief Business Leader of Philips' multi-billion-dollar Precision Diagnosis division and member of Philips' Executive Committee End-to-end responsibility for Philip's CT, MR, dXR, Ultrasound and Diagnostic Informatics (radiology software) businesses Proven track record of building and managing radiology software solutions, including significant experience with AI development and commercialization LOS ANGELES, Sept. 12, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providin ...
RadNet's DeepHealth and HOPPR Forge Partnership to Advance AI in Healthcare
GlobeNewswire News Room· 2024-09-05 10:00
CAMBRIDGE, Mass., Sept. 05, 2024 (GLOBE NEWSWIRE) -- DeepHealth, a wholly-owned subsidiary of RadNet, Inc. (NASDAQ: RDNT) and a global leader in AI-powered radiology and health informatics, today announces a data and AI development partnership with HOPPR (www.hoppr.ai). This collaboration will commercialize a pioneering Medical-Grade Generalized Foundational Model and foster the development of Fine-Tuned models for breast, prostate, and lung cancer detection, leveraging generative medical imagingfocused AI ...
RadNet, Inc. to Present at the Morgan Stanley 22nd Annual Global Healthcare Conference on Thursday, September 5th, 2024
GlobeNewswire News Room· 2024-09-03 10:00
LOS ANGELES, Sept. 03, 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 Morgan Stanley 22nd Annual Global Healthcare Conference on Thursday, September 5th, 2024 at 11:30 a.m. Eastern Time. There will be simultaneous and archived w ...
RadNet: Growth In Operating Earnings Off Very Little Incremental Capital
Seeking Alpha· 2024-08-24 02:23
I I F ■ F Matteo Colombo Investment update Since my June publication on RadNet, Inc. (NASDAQ:RDNT) reiterating it a buy the stock is +10% and we observed another set of strong quarterly numbers in its Q2 FY'24 earnings. Here I'll run through my analysis of the quarter, updated modelling, and reinstated my next price objective to $72 per share, still eyeing long-term objectives of $95 per share in the base case. Figure 1. Tradingview RDNT is clear evidence that the market pays very close attention to how bus ...