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Stock Market & Financial Investment News

News Breaks
June 9, 2014
06:08 EDTRDNTRadNet announces collaboration with WellMatch
RadNet announced that it has joined with WellMatch to collaborate and help launch a new online service for its imaging centers to offer promotions to patients and fill excess appointment times. Initially, WellMatch customers will receive the offers through the WellMatch transparency app when searching for diagnostic imaging services. The app enables consumers to shop for quality, cost effective medical services. RadNet offers will initially be published to registered users of the WellMatch price transparency product and expanded throughout the year to include anyone near participating imaging centers.
News For RDNT From The Last 14 Days
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March 26, 2015
10:04 EDTRDNTOn The Fly: Analyst Initiation Summary
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07:21 EDTRDNTRadNet initiated with a Buy at B. Riley
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March 18, 2015
07:30 EDTRDNTDeutsche Bank to hold a conference
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March 16, 2015
06:04 EDTRDNTRadNet 'optimistic' about 2015 although it expects a soft Q1
RadNet commented, "We have significant growth drivers in our plan, including benefiting from capitation contracts we signed in late 2014, revenue from our recently announced breast disease management program in the nation of Qatar and continuing confidence about our ability to drive same-center procedural volumes. Our refinancing transaction in March of last year will result in lower cash interest expense for 2015 and our Capital Expenditures will be lower in 2015 than in 2014. The combination of the lower cash interest expense and capital expenditures will increase our Free Cash Flow in 2015... Our guidance also incorporates what we are projecting to be a soft first quarter in 2015 due to the severe winter weather conditions that have existed in the northeastern and mid-Atlantic parts of the United States throughout January, February and into March of this year."
06:03 EDTRDNTRadNet sees FY15 revenue $745M-$765M, consensus $746.05M
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06:02 EDTRDNTRadNet reports Q4 EPS 10c, one estimate 10c
Reports Q4 revenue $185.6M, consensus $185.3M.

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