RadNet, Inc. (Nasdaq: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 190 fully-owned and operated outpatient imaging centers, today announced that Dr. Howard Berger, President and Chief Executive Officer, and Mark Stolper, Executive Vice President and Chief Financial Officer, will host a conference call on Monday, August 9, 2010, at 10:30 a.m. Eastern Daylight Time. During the call, management will discuss the Company's 2010 second quarter financial results.
Conference Call Details:
Da...
Revenue was $124.2 million and Adjusted EBITDA(1) was $20.5 million; decreases of 3.0% and 22.1%, respectively, over the prior year's quarter
For the quarter, RadNet reports a per share net loss of $(0.11) compared to a per share loss of $(0.02 )in the prior year
RadNet reduced Total Debt during the quarter by $5.5 million
As previously disclosed, results were significantly impacted by severe weather conditions in the East Coast during January and February; per day volumes improved in March and April
RadNet, Inc. (...
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 reported financial guidance for the fiscal year ending December 31, 2010.
2010 Fiscal Year Guidance
For its 2010 fiscal year, RadNet announces its guidance ranges as follows:
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RadNet, Inc. (Nasdaq: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 188 fully-owned and operated outpatient imaging centers, today announced that its management will present at the Deutsche Bank 35th Annual Health Care Conference in Boston, Massachusetts on Tuesday May 4th at 4:50 p.m. Eastern Time.
Details for RadNet's Presentation:
Conference: Deutsche Bank 35th Annual Health Care Conference
Date: Tuesday, May 4th, 2010
Presentation Time: 4:50 p.m. Eastern Time
Location: InterContin...
RadNet, Inc. (Nasdaq: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 185 fully-owned and operated outpatient imaging centers, today reported it has acquired three multi-modality facilities from the Sonix Medical Resources, Inc. bankruptcy proceeding in New York.
RadNet paid $2,250,000 for the three facilities which currently produce approximately $7 million of combined annual revenues. The facilities located in Brooklyn, New York, Chatham, New Jersey and Haddon Heights, New Jersey operate a co...
RadNet, Inc. (Nasdaq: RDNT), (the "Company"), a national leader in providing high-quality, fixed-site outpatient diagnostic imaging services through a network of 180 imaging centers, today announced the pricing of its offering of $200 million in aggregate principal amount of 10⅜% senior notes due 2018 (the "Notes") at an issue price of 98.680%. The Notes will be issued by the Company's wholly-owned subsidiary Radnet Management, Inc. (the "Issuer") and guaranteed jointly and severally on a senior basis by the Company and all of the Issuer's current and fut...
RadNet, Inc. (Nasdaq: RDNT), a national leader in providing high-quality, fixed-site outpatient diagnostic imaging services through a network of 180 imaging centers, today announced that its wholly-owned subsidiary Radnet Management, Inc. (the "Issuer") intends to offer $210 million in aggregate principal amount of senior notes due 2018 (the "Notes") to qualified institutional buyers in a private placement that will be exempt from the registration requirements of the Securities Act of 1933, as amended and subject to market and other conditions.
The Notes will be...
Fourth quarter 2009 per share Net Income was $0.02 compared to a Net Loss of $(0.15) for the prior year's quarter
For the fourth quarter, RadNet reports record Revenue of $131.8 million and record Adjusted EBITDA(1) of $27.0 million; increases of 3.4% and 20.1%, respectively, over the prior year's quarter
For the year, RadNet reports a per share net loss of $(0.06) compared to a per share loss of $(0.36 )in the prior year
For the year, RadNet reports record annual Revenue of $524.4 million and record annual Adjusted EBITDA(1...
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 Dr. Howard Berger, President and Chief Executive Officer, and Mark Stolper, Executive Vice President and Chief Financial Officer, will host a conference call on Monday, March 15, 2010, at 10:00 a.m. Eastern Standard Time. During the call management will discuss the company's 2009 fourth quarter and year end results.
Conference Call Details:
Date: Monday, March 15, 2010
T...
