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Update: RadNet Shares Soar as Q3 Earnings, Revenue Rise More Than Expected
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Update: RadNet Shares Soar as Q3 Earnings, Revenue Rise More Than Expected
Nov 11, 2024 9:01 AM

11:36 AM EST, 11/11/2024 (MT Newswires) -- (Updates with the recent stock move in the headline and first paragraph.)

RadNet ( RDNT ) shares were up over 18% in recent Monday trading as the company's Q3 earnings and revenue rose more than expected.

For the quarter ended Sept. 30, the company reported adjusted earnings Sunday of $0.18 per diluted share, up from $0.13 a year earlier. Analysts polled by Capital IQ expected $0.17.

Total revenue rose to $461.1 million from $402 million a year earlier. Analysts surveyed by Capital IQ expected $433.9 million.

Price: 85.88, Change: +13.35, Percent Change: +18.41

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