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Price: $67.7900
$0.56 
0.833%
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| Day's High:
| $69.5988
| Week Perf:
| 11.41 %
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| Day's Low: |
$ 67.38 |
30 Day Perf: |
8.26 % |
| Volume (M): |
597 |
52 Wk High: |
$ 69.60 |
| Volume (M$): |
$ 40,477 |
52 Wk Avg: |
$45.67 |
| Open: |
$68.00 |
52 Wk Low: |
$25.11 |
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| Market Capitalization (Millions $) |
4,977 |
| Shares
Outstanding (Millions) |
73 |
| Employees |
8,700 |
| Revenues (TTM) (Millions $) |
1,697 |
| Net Income (TTM) (Millions $) |
51 |
| Cash Flow (TTM) (Millions $) |
646 |
| Capital Exp. (TTM) (Millions $) |
219 |
Radnet Inc
Radnet Inc is a leading provider of diagnostic imaging services, including MRI, CT, PET/CT, X-ray, ultrasound, and mammography. The company operates a network of outpatient radiology centers and provides radiology services to hospitals and healthcare providers nationwide.
Founded in 1985, Radnet has grown to become one of the largest providers of diagnostic imaging services in the United States. The company has over 300 imaging centers across 6 states, including California, Maryland, Delaware, New Jersey, New York, and Florida.
Radnet's services are provided by a team of board-certified radiologists, technologists, and support staff, who work together to provide the highest quality of care to their patients. The company is committed to using the latest technology and imaging techniques to ensure accurate and timely diagnoses.
In addition to its diagnostic imaging services, Radnet also provides a range of healthcare IT solutions, including radiology information systems and picture archiving and communication systems. These solutions enable healthcare providers to streamline their workflow and improve patient care.
Radnet is also committed to giving back to the communities it serves. The company sponsors various charity events and provides free imaging services to underserved populations.
Overall, Radnet is a leading provider of diagnostic imaging services, with a commitment to providing the highest quality of care to its patients through the use of the latest technology and imaging techniques.
Company Address: 1510 Cotner Avenue Los Angeles, 90025 CA
Company Phone Number: 478-7808 Stock Exchange / Ticker: NASDAQ RDNT
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| Stock Performances by Major Competitors |
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| Partnership
Published Thu, Sep 5 2024 10:00 AM UTC
'DeepHealth and HOPPR Join Forces to Pioneer AI Advancements in Healthcare''By Special Correspondence'CAMBRIDGE, Mass., Sept. 05, 2024 - In an epoch where the confluence of digital intellect and medical sciences is increasingly becoming the cornerstone of modern healthcare, profound announcements heralded from the esteemed precincts of Cambridge. DeepHealth, a fully-integrat...
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| Partnership
Published Tue, May 7 2024 11:51 AM UTC
Amid a transformative era in the health sector, novel and inventive approaches to healthcare are often the push that enterprises need to reach greater heights. For RadNet Inc., an eminent figure in the U.S. radiology sector, such innovation is more than just a boon; it is a benchmark defining their remarkable success story. As recently as May 18, RadNet combined forces with ...
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| Business Update
Published Mon, Apr 29 2024 12:47 PM UTC
Loop Media Selected by RadNet to Revolutionize Digital Signage in HealthcareBURBANK, Calif. - Loop Media, Inc. (Loop Media) (NYSE American: LPTV), a leading multichannel streaming CTV platform that provides curated music videos, sports highlights, news, premium entertainment channels, and digital signage for businesses, has partnered with RadNet, Inc. (NASDAQ: RDNT), a natio...
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| Financing Agreement
Published Thu, Apr 18 2024 8:05 PM UTC
Los Angeles, April 18, 2024 - RadNet, Inc. (NASDAQ: RDNT), a leading provider of high-quality outpatient diagnostic imaging services, has recently announced the completion of its refinancing of senior secured first lien term loan facility and senior secured revolving credit facility. The company entered into a Third Amended and Restated First Lien Credit and Guaranty Ag...
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| Partnership
Published Fri, Apr 12 2024 10:00 AM UTC
In a groundbreaking move designed to significantly level out the healthcare playing field, RadNet Inc, a leading national provider of freestanding, fixed-site diagnostic imaging services in the United States, has teamed up with basketball icon, Sheryl Swoopes. The collaboration, a strategic fit for both parties, aims to bridge the gap in healthcare equity and access while le...
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| Per Share |
Current |
| Earnings (TTM) |
0.29 $ |
| Revenues (TTM) |
23.12 $
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| Cash Flow (TTM) |
8.8 $ |
| Cash |
10.8 $
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| Book Value |
14.88 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
0.29 $
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| Revenues (TTM) |
23.12 $ |
| Cash Flow (TTM) |
8.8 $ |
| Cash |
10.8 $
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| Book Value |
14.88 $ |
| Dividend (TTM) |
0 $ |
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| Imaging Centers |
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 97.94 % |
of total Revenue |
| Digital Health |
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3.44 % |
of total Revenue |
| Third Party |
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100 % |
of total Revenue |
| Third Party Imaging Centers |
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97.94 % |
of total Revenue |
| Third Party Digital Health |
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2.06 % |
of total Revenue |
| Intersegment Digital Health |
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1.38 % |
of total Revenue |
| Intersegment Eliminations |
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-1.38 % |
of total Revenue |
| Intersegment Eliminations Intersegment |
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-1.38 % |
of total Revenue |
| Inter Digital Health |
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1.38 % |
of total Revenue |
| InterEliminations |
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-1.38 % |
of total Revenue |
| InterEliminations Intersegment |
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-1.38 % |
of total Revenue |
| Third Party Imaging Centers |
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97.94 % |
of total Revenue |
| Third Party Digital Health |
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2.06 % |
of total Revenue |
| InterDigital Health |
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1.38 % |
of total Revenue |
| InterEliminations Intersegment |
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-1.38 % |
of total Revenue |
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On February 29 2024 the Radnet Inc provided following guidance
RadNet Inc. has reported strong financial results for the fourth quarter of 2023, with record revenue and adjusted EBITDA. The company, which is a national leader in outpatient diagnostic imaging services, operates a network of 366 owned and/or operated imaging centers across the country. As a result of its strong performance, RadNet has provided financial guidance for 2024 and has also announced the formation of a new Digital Health Reporting Segment.
The company's revenue and adjusted EBITDA for the fourth quarter of 2023 exceeded expectations, reflecting the continued demand for high-quality and cost-effective diagnostic imaging services. The strong performance in the fourth quarter also contribute...
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