RDNT Q2 2022 Earnings — RadNet, Inc. Revenue & Financial Results | Market Cap Arena

RDNTRadNet, Inc.

$5B

Q2 2022 Earnings

Healthcare Medical - Diagnostics & Research

Income Statement

Revenue

$354M+6.1% YoY

Gross Profit

$49M13.7% margin

Operating Income

$20M5.5% margin

Net Income

$8M2.2% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$65M

Free Cash Flow

$29M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.8B

Stockholders' Equity

$312M

Cash & Equivalents

$99M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$354M	$334M	+6.1%
Gross Profit	$49M	$50M	-3.5%
Operating Income	$20M	$28M	-29.3%
Net Income	$8M	$3M	+175.1%

Revenue Segments

Commercial Insurance1

$195M55%

Medicare1

$78M22%

Capitation Arrangements

$38M11%

Workers' Compensation/Personal Injury1

$13M4%

Medicaid1

$10M3%

Health Care, Patient Service Other

$8M2%

Health Care, Management Service

$6M2%

Health Care, Other

$4M1%

Software

$2M1%