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RadNet: Q3 Earnings Snapshot
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LOS ANGELES (AP) — LOS ANGELES (AP) — RadNet Inc. (RDNT) on Sunday reported third-quarter profit of $4.2 million.

On a per-share basis, the Los Angeles-based company said it had net income of 5 cents. Earnings, adjusted for non-recurring costs, came to 30 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The operator of medical diagnostic imaging centers posted revenue of $638.3 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $637.6 million.

RadNet expects full-year revenue in the range of $2.38 billion to $2.44 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDNT at https://www.zacks.com/ap/RDNT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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