RDNT Q3 2022 Earnings — RadNet, Inc. Revenue & Financial Results | Market Cap Arena

RDNTRadNet, Inc.

$5B

Q3 2022 Earnings

Healthcare Medical - Diagnostics & Research

Income Statement

Revenue

$350M+5.2% YoY

Gross Profit

$36M10.3% margin

Operating Income

$7M2.0% margin

Net Income

$668,0000.2% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-1.2%

Cash Flow

Operating Cash Flow

$27M

Free Cash Flow

$1M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.8B

Stockholders' Equity

$313M

Cash & Equivalents

$95M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$350M	$333M	+5.2%
Gross Profit	$36M	$60M	-39.8%
Operating Income	$7M	$33M	-78.7%
Net Income	$668,000	$16M	-95.9%

Revenue Segments

Commercial Insurance1

$190M54%

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

$3M1%

Software

$3M1%