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RadNet Inc (RDNT.OQ)

RDNT.OQ on NASDAQ Stock Exchange Global Market

10.15USD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

MemorialCare And RadNet Form Joint Venture
Monday, 18 Dec 2017 

Dec 18 (Reuters) - MemorialCare::MEMORIALCARE SAYS CO, RADNET HAVE FORMED A JOINT VENTURE.MEMORIALCARE - UNDER JV, WITH OPERATIONS BEGINNING JAN 1, 2018, RADNET WILL CONTRIBUTE 24 EXISTING OUTPATIENT IMAGING CENTERS IN LOS ANGELES & ORANGE COUNTIES.MEMORIALCARE - UNDER JV, MEMORIALCARE WILL CONTRIBUTE 10 OUTPATIENT IMAGING FACILITIES IN MANY OF THE MARKETS IN LOS ANGELES & ORANGE COUNTIES.  Full Article

Radnet And Memorialcare Announce Joint Venture, Creating Imaging Network Serving Orange And Los Angeles Counties
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Radnet Inc ::RADNET, INC. AND MEMORIALCARE ANNOUNCE A JOINT VENTURE, CREATING THE LARGEST, MOST ACCESSIBLE IMAGING NETWORK SERVING ORANGE AND LOS ANGELES COUNTIES, CALIFORNIA.RADNET - UNDER JV, CO WILL CONTRIBUTE 24 EXISTING OUTPATIENT IMAGING CENTERS IN ORANGE COUNTY, LONG BEACH, SOUTH BAY AND OTHER ANGELES COUNTY CITIES.RADNET INC - UPON COMMENCEMENT OF OPERATIONS, RADNET WILL BE MAJORITY OWNER OF JOINT VENTURE.RADNET INC - UNDER JOINT VENTURE MEMORIALCARE WILL CONTRIBUTE 10 OUTPATIENT IMAGING FACILITIES IN MANY OF THOSE MARKETS.  Full Article

RadNet reports Q3 earnings per share $0.07
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - RadNet Inc :RadNet reports third quarter financial results and reaffirms previously announced 2017 guidance levels.Q3 earnings per share $0.07.Q3 adjusted earnings per share $0.12.Q3 revenue rose 1.9 percent to $227.6 million.Q3 earnings per share view $0.12, revenue view $232.8 million -- Thomson Reuters I/B/E/S.‍Reaffirms its previously announced 2017 guidance​.RadNet - ‍Due to lower interest expense from refinancing transaction, co ay be below its cash interest expense guidance level for year​.  Full Article

Radnet Q2 adjusted EPS $0.09
Tuesday, 9 Aug 2016 

Radnet Inc : Radnet reports second quarter financial results and reaffirms previously announced 2016 guidance levels . Q2 earnings per share view $0.04 -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $0.09 . Q2 revenue $224.6 million versus i/b/e/s view $220.1 million . On track to meet our guidance ranges for year . Increasing our targeted fy capital expenditure range by $5 million .Increase in capital expenditure is to fund a replacement program of our computed radiography (cr x-ray) scanners.  Full Article

Radnet Q1 SHR loss $0.04
Tuesday, 10 May 2016 

Radnet Inc : Subsequent to end of quarter, Radnet signed an agreement to form a new joint venture with dignity health . Radnet reports first quarter financial results, announces its first health system joint venture in California and reaffirms 2016 guidance ranges . Radnet inc q1 shr loss $0.04 . Radnet inc q1 revenue $216.4 mln vs i/b/e/s view $205 mln . Radnet inc q1 shr view $0.01 -- thomson reuters i/b/e/s . Radnet inc - radnet reaffirms its previously announced 2016 guidance ranges .Radnet inc - radnet owns 55% of joint venture and dignity health owns 45%.  Full Article

Radnet Inc gives FY 2016 guidance
Monday, 14 Mar 2016 

Radnet Inc:Expects FY 2016 total net revenue in the range of $870 million - $910 million.Expects FY 2016 adjusted EBITDA of $130 million - $140 million.  Full Article

BRIEF-MemorialCare And RadNet Form Joint Venture

* MEMORIALCARE - UNDER JV, WITH OPERATIONS BEGINNING JAN 1, 2018, RADNET WILL CONTRIBUTE 24 EXISTING OUTPATIENT IMAGING CENTERS IN LOS ANGELES & ORANGE COUNTIES