From GlobeNewswire: 2025-05-11 16:00:00

RadNet reported a 9.2% increase in Total Company Revenue to $471.4 million in the first quarter of 2025 compared to the same period in 2024. Adjusted EBITDA decreased by 20.6% to $46.4 million. Revenue from the Digital Health segment increased by 31.1% to $19.2 million. Despite challenges from wildfires and severe weather, RadNet advanced initiatives like AI-powered breast cancer detection. They also signed an agreement to acquire iCAD, aiming to enhance early cancer detection. RadNet revised its 2025 guidance with increased Revenue and Adjusted EBITDA levels. Adjusted Diluted Loss Per Share for the quarter was $(0.35).

Adjusted EBITDA was negatively impacted by $15 million due to wildfires and winter weather conditions. Total Company Revenue increased by 9.2% to $471.4 million in the first quarter of 2025. RadNet signed an agreement to acquire iCAD to improve breast cancer detection. Adjusted EBITDA for the Digital Health segment increased to $3.7 million. RadNet revised its 2025 guidance levels with increases to Revenue and Adjusted EBITDA. Adjusted Diluted Loss Per Share for the first quarter was $(0.35).



Read more at GlobeNewswire: RadNet Reports First Quarter Financial Results and Revises