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Stock Market & Financial Investment News

News Breaks
January 2, 2013
06:05 EDTRDNTRadNet acquires Lenox Hill Radiology for $30.3M
RadNet acquired Lenox Hill Radiology of Manhattan, New York effective December 31st, 2012 for approximately $30.3M, which includes the assumption of approximately $1.2M of debt. Lenox Hill has been an operator in the New York City market for 25 years. The Lenox Hill operations should add approximately $40M of revenue to RadNet on an annualized basis.
News For RDNT From The Last 14 Days
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November 10, 2014
06:05 EDTRDNTRadNet and Kennedy Health System announce start of diagnostic imaging JV
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November 6, 2014
06:04 EDTRDNTRadNet raises FY14 revenue to $730M-$745M from $700M-$730M
FY14 revenue consensus $712.15M; Raises FY14 adjusted EBITDA to $123M-$128M from $110M-$120M; Raises FY14 CapEx to $50M-$52M from $40M-$45M. Cuts FY14 free cash flow generation to $30M-$36M from $30M-$40M.
06:02 EDTRDNTRadNet reports Q3 EPS 10c, one estimate 6c
Reports Q3 revenue $184.1M, consensus $177.85M; Reports Q3 adjusted EBITDA $25.4M. Aggregate and same-center procedural volumes increased 9.2% and 6.3%, respectively, from the third quarter of 2013.

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