04:02 AM EDT, 05/09/2024 (MT Newswires) -- RadNet ( RDNT ) reported late Wednesday it swung to Q1 adjusted earnings of $0.07 per diluted share from a loss of $0.22 per share a year earlier.

Analysts polled by Capital IQ expected earnings of $0.01.

Revenue for the quarter ended March 31 was $431.7 million, up from $390.6 million a year earlier. Analysts polled by Capital IQ expected $423.7 million.

For 2024, the company now expects revenue to range from $1.68 billion to $1.73 billion, compared with previously issued guidance of $1.65 billion to $1.7 billion. Analysts polled by Capital IQ are expecting $1.75 billion.

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