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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 ...
RadNet (RDNT) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-08 03:31
For the quarter ended June 2024, RadNet (RDNT) reported revenue of $459.71 million, up 13.9% over the same period last year. EPS came in at $0.16, compared to $0.24 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $437.32 million, representing a surprise of +5.12%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.16. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...
RadNet (RDNT) Q2 Earnings Match Estimates
ZACKS· 2024-08-08 01:06
RadNet (RDNT) came out with quarterly earnings of $0.16 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this operator of medical diagnostic imaging centers would post a loss of $0.09 per share when it actually produced earnings of $0.07, delivering a surprise of 177.78%. Over the last four quarters, the company has surpassed consensus EPS estimates three time ...
RadNet Reports Second Quarter Financial Results with Record Quarterly Revenue and Adjusted EBITDA(1) and Revises Upwards 2024 Financial Guidance Ranges
Newsfilter· 2024-08-07 20:10
Total Company Revenue increased 13.9% to $459.7 million in the second quarter of 2024 from $403.7 million in the second quarter of 2023; Revenue from the Digital Health reportable segment (inclusive of intersegment revenue) increased 36.4% to $15.8 million in the second quarter of 2024 from $11.6 million in the second quarter of 2023 Digital Health Revenue growth resulted in part from a $3.2 million (or 136.6%) increase in AI Revenue, which climbed to $5.6 million during the second quarter of 2024 from $2.4 ...
Can RadNet's (RDNT) Service Fee Revenues Help Lift Q2 Earnings?
ZACKS· 2024-07-29 13:25
RadNet, Inc. (RDNT) is set to release results for the second quarter of 2024 on Aug 8 before the opening bell. For the second quarter of 2024, the Zacks Consensus Estimate for RadNet's revenues is pegged at $437.3 million, an increase of 8.3% from the year-ago reported figure. Estimates for RadNet's Q2 earnings have remained unchanged at 16 cents per share in the past 30 days. On the first-quarter earnings call, management stated that the segment's revenues were boosted by improved reimbursements from comme ...
RadNet, Inc. Announces Date of its Second Quarter 2024 Financial Results Conference Call
GlobeNewswire News Room· 2024-07-16 10:00
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 ...
RadNet, Inc. Announces Date of its Second Quarter 2024 Financial Results Conference Call
Newsfilter· 2024-07-16 10:00
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) ...