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RadNet Inc (RDNT) Files 10-K for the Fiscal Year Ended on December 31, 2018

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RadNet Inc (RDNT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. RadNet Inc is a provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, and among others. RadNet Inc has a market cap of $720.320 million; its shares were traded at around $14.72 with and P/S ratio of 0.72. RadNet Inc had annual average EBITDA growth of 2.20% over the past ten years.


For the last quarter RadNet Inc reported a revenue of $242.1 million, compared with the revenue of $227.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $975.1 million, an increase of 5.7% from last year. For the last five years RadNet Inc had an average revenue growth rate of 7.3% a year.

The reported diluted earnings per share was 66 cents for the year, an increase of 65900% from previous year. Over the last five years RadNet Inc had an EPS growth rate of 7.6% a year. The RadNet Inc had an operating margin of 3.56%, compared with the operating margin of 5.75% a year before. The 10-year historical median operating margin of RadNet Inc is 6.82%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, RadNet Inc has the cash and cash equivalents of $10.4 million, compared with $51.3 million in the previous year. The long term debt was $633.0 million, compared with $575.0 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. RadNet Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $14.72, RadNet Inc is traded at 170.6% premium to its historical median P/S valuation band of $5.44. The P/S ratio of the stock is 0.72, while the historical median P/S ratio is 0.28. The stock gained 18.23% during the past 12 months.

For the complete 20-year historical financial data of RDNT, click here.

This article first appeared on GuruFocus.