RDNT News

To the annoyance of some shareholders, RadNet (NASDAQ:RDNT) shares are down a considerable 35% in the last month. The...

TORONTO, May 07, 2020 -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), the only company to provide customizable, incision-free therapies which.

To the annoyance of some shareholders, RadNet (NASDAQ:RDNT) shares are down a considerable 54% in the last month. Even...

RadNet, Inc. (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 first quarter 2020 financial results on Monday, May 11th, 2020 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 888-204-4368. International callers can dial 786-789-4797.

RadNet, Inc. (RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services today reported it has executed a definitive agreement to acquire DeepHealth, Inc. (“DeepHealth”), a leading radiology artificial intelligence (“AI”) and machine learning company initially focused on solutions for the medical interpretation of mammography exams. Founded in 2015 and based in Cambridge, Massachusetts, DeepHealth is developing solutions in machine learning and AI to assist radiologists and other clinicians in interpreting images and improving patient care. DeepHealth’s development to date has focused on screening mammography, specifically 3D breast imaging, where the large volume of cases and the difficult nature of their interpretation place significant demand on radiologists.

Q4 2019 RadNet Inc Earnings Call

Moody's Investors Service, ("Moody's") today announced rating actions on 9 US healthcare services companies with businesses in physician staffing, travel nurse, locum tenens, radiology and diagnostic imaging to reflect the expected impact of business disruption caused by the coronavirus outbreak. As providers of various types of healthcare services, these companies are exposed to declining demand for their services due to factors including the postponement of elective procedures, lower emergency department volumes and closure of many non-emergent healthcare facilities. The US healthcare services sector has been one of the sectors affected by the shock given government and health association guidance to postpone all non-emergent healthcare services and take self-isolation measures.

Shares of RadNet (NASDAQ:RDNT) remained unaffected at $14.43 after the company reported Q1 results.Quarterly Results Earnings per share fell 312.50% year over year to ($0.33), which missed the estimate of ($0.17).Revenue of $281,564,000 up by 3.69% year over year, which beat the estimate of $258,420,000.Guidance Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: May 11, 2020View more earnings on RDNTTime: 09:02 PM ETWebcast URL: http://public.viavid.com/player/index.php?id=139286Price Action 52-week high: $23.4552-week low: $5.81Price action over last quarter: down 2.37%Company Profile RadNet Inc is a provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography (CT), positron emission tomography (PET), nuclear medicine, mammography, ultrasound, diagnostic radiology (X-ray), fluoroscopy and other related procedures. The firm derives revenue from fees charged for the diagnostic imaging services performed at these centers.See more from Benzinga * PolarityTE: Q1 Earnings Insights * Recap: Kosmos Energy Q1 Earnings * Callon Petroleum: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Q1 2020 RadNet Inc Earnings Call

Shareholders in RadNet, Inc. (NASDAQ:RDNT) had a terrible week, as shares crashed 45% to US$8.19 in the week since its...

Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]

NEW YORK, NY / ACCESSWIRE / March 12, 2020 / RadNet, Inc. (NASDAQ:RDNT) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 12, 2020 at 10:30 AM Eastern ...

RadNet (RDNT) delivered earnings and revenue surprises of 40.00% and 2.70%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

At this time, I'd like to turn things over to Mr. Mark Stolper, Executive Vice President and Chief Financial Officer of RadNet. Good morning, ladies and gentlemen, and thank you for joining Dr. Howard Berger and me, today, to discuss RadNet's first quarter 2020 financial results.

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For the fourth quarter of 2019, RadNet reports Total Net Revenue (“Revenue”) of $300.8 million and Adjusted EBITDA(1) of $46.9 million; Revenue increased 17.0% and Adjusted.

RadNet (RDNT) delivered earnings and revenue surprises of 2.94% and 6.08%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

RadNet (RDNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Liquidity and Business Update: RadNet has completed extensive cost savings and cash conservation measures, which resulted in, as of April 30, a cash balance of approximately.