secwatch.observer — SEC 8-K summary
======================================

Issuer:     RadNet, Inc. (RDNT)
CIK:        0000790526
Form:       8-K
Filed at:   2022-03-02T23:59:59+00:00
Accession:  0001683168-22-001373
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RadNet Q4 revenue $333.2M (+8% YoY), GAAP EPS -$0.07; guides 2022 Adj EBITDA $205-215M ex-AI losses
--------------------------------------------------------------------------------

- Q4 revenue $333.2M (+8.0% YoY), Adj EBITDA $54.5M (+7.5%), Adj EPS $0.13 vs $0.20 YoY.
- GAAP net loss in Q4 2021 was $3.8M ($0.07 loss per share) vs net income $6.0M ($0.11) in Q4 2020.
- Full year 2021 revenue $1,315.1M (+22.7%), Adj EBITDA $218.9M (+57%); Net income $24.7M ($0.46/diluted).
- 2022 guidance: Revenue $1,350-1,400M, Adj EBITDA (ex-AI losses) $205-215M, CapEx $85-90M, FCF $80-90M.
- AI division losses expected $12-17M in 2022; completed acquisitions of Aidence and Quantib (Netherlands AI cos).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/790526/000168316822001373/0001683168-22-001373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/790526/000168316822001373/radnet_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-001373

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer