secwatch.observer — SEC 8-K summary
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Issuer:     RadNet, Inc. (RDNT)
CIK:        0000790526
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001683168-22-007458
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RadNet Q3 revenue up 5.2% to $350M; Adj EBITDA down 8.5%; guides FY 2022 lower
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- Imaging Centers Adj EBITDA $50.2M vs $54.9M YoY, down 8.5% on labor costs/shortage.
- Diluted EPS $0.01; adjusted EPS $0.09 vs $0.21 YoY.
- FY 2022 Adj EBITDA guidance cut to $203-208M (from $208-218M); free cash flow $60-70M.
- Acquired Heart&Lung Health (UK teleradiology) and Montclair Radiology (6 NJ centers).
- Launched Enhanced Breast Cancer Detection pilot with DeepHealth AI in Delaware.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/790526/000168316822007458/0001683168-22-007458-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/790526/000168316822007458/radnet_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-007458

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