RDNT Radnet Dashboard

RadNet, Inc. is the leading national provider of freestanding, fixed-site diagnostic imaging services in the United States based on the number of locations and annual imaging revenue. RadNet has a network of 334 owned and/or operated outpatient imaging centers. RadNet's core markets include California, Maryland, Delaware, New Jersey, New York and Arizona. In addition, RadNet provides radiology information technology solutions, teleradiology professional services and other related products and services to customers in the diagnostic imaging industry. Together with affiliated radiologists, and inclusive of full-time and per diem employees and technicians, RadNet has a total of approximately 8,600 employees.

Company profile

Ticker

RDNT

Exchange

NASDAQ

Website

www.radnet.com

CEO

Howard Berger

Incorporated

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Manufacturing > Dental Laboratories

Industry (SIC)

Services - Medical Laboratories

Quest Diagnostics • Laboratory Corp. Of America • Burning Rock Biotech • Guardant Health • Genomic Health • Invitae • Natera • Progenity • Enzo Biochem • Centogene ...

Former names

PRIMEDEX HEALTH SYSTEMS INC

SEC CIK

0000790526

Corporate docs

Articles of Incorporation & Bylaws

IRS number

133326724

RDNT stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Cramer Gives His Opinion On RadNet, Nano Dimension And More

7 Jul 21

On CNBC's "Mad Money Lightning Round," Jim Cramer said RadNet Inc. (NASDAQ: RDNT) is a great situation and he likes the stock.

Stocks That Hit 52-Week Highs On Wednesday

7 Jul 21

Before 10 a.m. ET Wednesday, 138 stocks hit new 52-week highs.

Return On Capital Employed Overview: RadNet

21 Jun 21

RadNet (NASDAQ:RDNT) posted a 30.61% decrease in earnings from Q4. Sales, however, increased by 2.21% over the previous quarter to $315.32 million. Despite the increase in sales this quarter, the decrease in earnings may suggest RadNet is not utilizing their capital as effectively as possible.

Stocks That Hit 52-Week Highs On Thursday

17 Jun 21

Stocks That Hit 52-Week Highs On Thursday

10 Jun 21

Press releases

Pro users get this 30m faster

RadNet, Inc. Announces Date of its Second Quarter 2021 Financial Results Conference Call

26 Jul 21

LOS ANGELES, July 26, 2021 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ:RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and operated outpatient

RadNet, Inc. and Jefferies to Host a Teach-In on Artificial Intelligence within Diagnostic Imaging

28 Jun 21

LOS ANGELES, June 28, 2021 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ:RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned and operated

RadNet, Inc. to Present at the Jefferies 2021 Virtual Healthcare Conference on June 3, 2021

26 May 21

LOS ANGELES, May 26, 2021 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ:RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned and operated outpatient

RadNet, Inc. to Host Earnings Call

10 May 21

RadNet Reports First Quarter Financial Results, Including Record First Quarter Revenue, Adjusted EBITDA(1) and Net Income, and Revises Upwards 2021 Financial Guidance Ranges

10 May 21

Calendar

10 May 21

2 Aug 21

31 Dec 21

Financial summary

Financial statements Chart RDNT financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Radnet earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	31.09M	31.09M	31.09M	31.09M	31.09M	31.09M
Cash burn (monthly)	23.64M	5.27M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	96.87M	21.58M	n/a	n/a	n/a	n/a
Cash remaining	-65.78M	9.51M	n/a	n/a	n/a	n/a
Runway (months of cash)	-2.8	1.8	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

RDNT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jul 21	Hames Norman R	Common Stock	Sell	Dispose S	No	Yes	33.6591	35,000	1.18M	300,160
10 Jun 21	Ruth Louisa Villigerwilson	Common Stock	Sell	Dispose S	No	No	31.51	15,000	472.65K	20,160

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

RDNT institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

66.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	142	144	-1.4%
Opened positions	14	16	-12.5%
Closed positions	16	12	+33.3%
Increased positions	49	48	+2.1%
Reduced positions	57	50	+14.0%

13F shares	Current	Prev Q	Change
Total value	943.09M	1.54B	-38.7%
Total shares	35.06M	34.75M	+0.9%
Total puts	25.9K	13.7K	+89.1%
Total calls	51.8K	22.9K	+126.2%
Total put/call ratio	0.5	0.6	-16.4%

Largest owners	Shares	Value	Change
BLK Blackrock	6.55M	$142.43M	+0.1%
JB Capital Partners	3.32M	$72.25M	NEW
Vanguard	2.89M	$62.9M	+8.2%
Beck Mack & Oliver	2.07M	$44.98M	+2.0%
Dimensional Fund Advisors	1.49M	$32.5M	-3.4%
STT State Street	1.39M	$30.23M	+1.0%
Renaissance Technologies	1.31M	$28.45M	-9.1%
American Century Companies	1.17M	$25.39M	+3.8%
FMR	972.29K	$21.15M	-4.6%
SAMG Silvercrest Asset Management	917.68K	$19.96M	+14.0%

Largest transactions	Shares	Bought/sold	Change
JB Capital Partners	3.32M	+3.32M	NEW
Weber Alan W	0	-3.32M	EXIT
Dalton Greiner Hartman Maher & Co	66.73K	-307.01K	-82.1%
Vanguard	2.89M	+218.5K	+8.2%
GS Goldman Sachs	414.57K	+191.99K	+86.3%
TFC Truist Financial	0	-174.2K	EXIT
Assenagon Asset Management	251.51K	+137.21K	+120.0%
Renaissance Technologies	1.31M	-130.4K	-9.1%
HNNA Hennessy Advisors	0	-124.1K	EXIT
Russell Investments	466.61K	+114.99K	+32.7%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
You should read the following discussion and analysis of our financial condition and results of operations in conjunction with our unaudited condensed consolidated financial statements and notes thereto included in Part I, Item 1 of this Quarterly Report on Form 10-Q and with our audited consolidated financial statements and notes thereto for the year ended December 31, 2020 included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2020 filed with the U.S. Securities and Exchange Commission (SEC) on March 15, 2021.
This quarterly report on Form 10-Q contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements reflect current views about future events and are based on our currently available financial, economic and competitive data and on current business plans. Actual events or results may differ materially depending on risks and uncertainties that may affect our operations, markets, services, prices and other factors.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: agent, aimed, Alternate, arrival, back, beneficial, catalog, consumption, country, exam, explicitly, floor, foreseeable, fully, moderate, mRNA, notification, onset, passed, ramp, repair, requisite, resurgence, safety, Shield, spurred, stimulate, study, sufficient, track, twelve, vaccine, written

Removed: adjustment, analytical, application, ascribed, Avenel, Barclay, behavior, Budapest, calculated, Call, Canada, Canadian, capitalizing, CECL, clarify, cloud, codification, Columbia, computing, conform, correct, counter, deferring, depend, depreciate, diluted, dollar, Edward, eliminate, employ, exclusively, expectation, experienced, extent, factored, flat, Forint, governmental, Hill, Hudson, Hungarian, Hungary, HVRA, identifiable, impacted, implementation, influence, initiated, Island, Lenox, local, lower, magnitude, membership, modified, mutually, nationwide, nonrecurring, Olney, past, planning, portfolio, Prince, procedural, procurement, prospective, prospectively, reaction, RECLASSIFICATION, reclassified, remitting, rent, repaid, research, resulted, retained, retrospective, retrospectively, revalued, salary, sell, September, shown, stability, subscription, sum, teleradiology, type, ultimately, unable, undiscounted, unintended, utilized, warrant, weak, Woodbridge

From filing 10-Q 2021 Q1