RadNet Q1 revenue $341.8M, adj EBITDA $41.7M; raises 2022 guidance

RadNet, Inc.

2022-Q1 EPS reported $0.05 revenue$341,767,000

Revenue $341.8M (+8.4%); imaging centers $341.2M (+8.2%).
Adj EBITDA from imaging centers $41.7M (+4.1%); diluted EPS $0.05 vs $0.18.
Raised FY2022 guidance: revenue to $1.36B-$1.41B, adj EBITDA to $208M-$218M.
Aggregate procedural volumes +8.8%; same-center +6.6%.
Completed acquisitions of Quantib and Aidence (AI) in Q1; AI revenue $599k, segment loss $3.6M.

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