RadNet: Q1 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — RadNet Inc. (RDNT) on Sunday reported a loss of $37.9 million in its first quarter.
On a per-share basis, the Los Angeles-based company said it had a loss of 50 cents. Losses, adjusted for one-time gains and costs, were 35 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share.
The operator of medical diagnostic imaging centers posted revenue of $471.4 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $443 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDNT at https://www.zacks.com/ap/RDNT