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RDNT — RadNet News Story

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Diagnostic imaging services provider RadNet's Q3 revenue up 13.4%

Overview

RadNet Q3 revenue grows 13.4% yr/yr to $522.9 mln

Adjusted EPS for Q3 misses analyst expectations

Company revises full-year guidance upwards for revenue and EBITDA

Outlook

RadNet raises 2025 Imaging Center revenue guidance to $1.9 bln-$1.93 bln

Company increases 2025 Imaging Center adjusted EBITDA guidance to $276 mln-$284 mln

RadNet lifts 2025 Digital Health revenue guidance to $85 mln-$95 mln

Result Drivers

ADVANCED IMAGING - Strong growth in advanced imaging procedural volumes contributed to revenue increase

NEW CENTERS & JOINT VENTURES - New center openings and expansion of health system joint ventures supported revenue growth

DIGITAL HEALTH GROWTH - Digital Health segment revenue increased 51.6%, boosting overall company performance

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$522.9 mln
Q3 Adjusted EPSMiss$0.20$0.22 (7 Analysts)
Q3 EPS$0.07
Q3 Net Income$13.89 mln
Q3 Income from operations$27.39 mln
Q3 Operating Expenses$495.48 mln
Q3 Pretax Profit$20.27 mln
Q3 Total Service Revenue$522.87 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the healthcare facilities & services peer group is "buy" Wall Street's median 12-month price target for RadNet Inc is $80.00, about 2.1% above its November 7 closing price of $78.31 The stock recently traded at 100 times the next 12-month earnings vs. a P/E of 110 three months ago Press Release: ID:nGNX3HT9P4 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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