radnet, inc. is the leading national provider of freestanding, fixed-site diagnostic imaging services in the united states based on the number of locations and annual imaging revenue. radnet has a network of 340+ owned and/or operated outpatient imaging centers. radnet's core markets include california, delaware, maryland, new jersey, and new york. together with affiliated radiologists, and inclusive of full-time and per diem employees and technicians, radnet has a total of approximately 7,300 employees.
Company profile
Ticker
RDNT
Exchange
Website
CEO
Howard G. Berger
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PRIMEDEX HEALTH SYSTEMS INC
SEC CIK
Corporate docs
Subsidiaries
Radnet Managed Imaging Services, Inc. • Radnet Management, Inc. • Radnet Management I, Inc. • Radnet Management II, Inc. • Radnet Sub, Inc. • Beach Imaging Group, LLC • Diagnostic Village, LLC • FRI II, Inc. • FRI, Inc. • Glendale Advanced Imaging Center, LLC ...
IRS number
133326724
RDNT stock data
Latest filings (excl ownership)
8-K
RadNet Announces Closing of its Previously Announced Term Loan and Revolving Credit Facility Refinancing Transaction
18 Apr 24
8-K
RadNet Announces Pricing and Upsizing of its Previously Announced Term Loan and Revolving Credit Facility Refinancing Transaction
11 Apr 24
8-K
RadNet Announces a Proposed Refinancing of its Term Loan and Revolving Credit Facility
3 Apr 24
8-K
Radnet Announces Proposed $200 Million Underwritten Public Offering of Common Stock
12 Mar 24
424B5
Prospectus supplement for primary offering
8 Mar 24
424B5
Prospectus supplement for primary offering
7 Mar 24
8-K
Results of Operations and Financial Condition
5 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
UPLOAD
Letter from SEC
10 Jan 24
8-K
Departure of Directors or Certain Officers
5 Jan 24
Transcripts
RDNT
Earnings call transcript
2023 Q4
1 Mar 24
RDNT
Earnings call transcript
2023 Q3
9 Nov 23
RDNT
Earnings call transcript
2023 Q2
8 Aug 23
RDNT
Earnings call transcript
2023 Q1
9 May 23
RDNT
Earnings call transcript
2022 Q4
28 Feb 23
RDNT
Earnings call transcript
2022 Q3
9 Nov 22
RDNT
Earnings call transcript
2022 Q2
13 Aug 22
RDNT
Earnings call transcript
2022 Q1
9 May 22
RDNT
Earnings call transcript
2021 Q4
1 Mar 22
RDNT
Earnings call transcript
2021 Q3
8 Nov 21
Latest ownership filings
4
MARK STOLPER
4 Mar 24
4
Mital Patel
4 Mar 24
4
David Jeffrey Katz
4 Mar 24
4
NORMAN R HAMES
4 Mar 24
4
Stephen M Forthuber
4 Mar 24
4
HOWARD G BERGER
4 Mar 24
SC 13G/A
BECK MACK & OLIVER LLC
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
BlackRock Inc.
23 Jan 24
4
Alma Gregory Sorenson
10 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 337.88 mm | 337.88 mm | 337.88 mm | 337.88 mm | 337.88 mm | 337.88 mm |
Cash burn (monthly) | 6.26 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 42.79 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 295.10 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 47.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
76.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 190 |
Opened positions | 38 |
Closed positions | 30 |
Increased positions | 76 |
Reduced positions | 46 |
13F shares | Current |
---|---|
Total value | 1.46 tn |
Total shares | 52.52 mm |
Total puts | 92.30 k |
Total calls | 120.20 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 8.92 mm | $251.43 bn |
Vanguard | 4.22 mm | $119.02 bn |
Beck Mack & Oliver | 3.25 mm | $91.53 bn |
STT State Street | 2.19 mm | $61.84 bn |
JB Capital Partners | 2.13 mm | $59.97 bn |
Edmond De Rothschild Holding | 1.71 mm | $48.30 bn |
Point72 Asset Management | 1.70 mm | $48.03 bn |
Dimensional Fund Advisors | 1.67 mm | $47.15 bn |
Global Alpha Capital Management | 1.53 mm | $43.22 bn |
IVZ Invesco | 1.47 mm | $41.49 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Mark Stolper | Common Stock | Grant | Acquire A | No | No | 0 | 14,072 | 0.00 | 105,398 |
1 Mar 24 | Mark Stolper | Employee Stock Option Common Stock | Grant | Acquire A | No | No | 18.64 | 27,276 | 508.42 k | 27,276 |
1 Mar 24 | Mital Patel | Common Stock | Grant | Acquire A | No | No | 0 | 15,422 | 0.00 | 242,646 |
1 Mar 24 | Mital Patel | Employee Stock Option Common Stock | Grant | Acquire A | No | No | 18.64 | 29,891 | 557.17 k | 29,891 |
1 Mar 24 | David Jeffrey Katz | Common Stock | Grant | Acquire A | No | No | 0 | 15,422 | 0.00 | 81,841 |
1 Mar 24 | David Jeffrey Katz | Employee Stock Option Common Stock | Grant | Acquire A | No | No | 18.64 | 29,891 | 557.17 k | 29,891 |
1 Mar 24 | Hames Norman R | Common Stock | Grant | Acquire A | No | No | 0 | 17,434 | 0.00 | 295,919 |
1 Mar 24 | Hames Norman R | Employee Stock Option Common Stock | Grant | Acquire A | No | No | 18.64 | 33,789 | 629.83 k | 33,789 |
1 Mar 24 | Stephen M Forthuber | Common Stock | Grant | Acquire A | No | No | 0 | 17,434 | 0.00 | 563,561 |
1 Mar 24 | Stephen M Forthuber | Employee Stock Option Common Stock | Grant | Acquire A | No | No | 18.64 | 33,789 | 629.83 k | 33,789 |
News
RadNet Says It Teamed Up With Basketball Icon Sheryl Swoopes To Promote Healthcare Equity And Access
12 Apr 24
RadNet Signs Definitive Deal To Purchase Assets Of Six Imaging Centers In The Greater Houston, Texas Metropolitan Area; No Terms Disclosed
10 Apr 24
RadNet Announced A Proposed Refinancing Transaction For Its Existing Term Loan And Revolving Credit Facility
3 Apr 24
What 4 Analyst Ratings Have To Say About RadNet
28 Mar 24
Cramer Calls Datadog 'Dynamite,' Puts SoFi In Dog House: 'What The Heck Is Going On'
19 Mar 24
Press releases
RadNet, Inc. Announces Date of its First Quarter 2024 Financial Results Conference Call
22 Apr 24
RadNet's Delaware Imaging Network Announces Ribbon-Cutting Ceremony for Mammography Service at Milford Walmart
18 Apr 24
RadNet Teams Up with Basketball Icon Sheryl Swoopes to Promote Healthcare Equity and Access
12 Apr 24
RadNet Announces Pricing and Upsizing of its Previously Announced Term Loan and Revolving Credit Facility Refinancing Transaction
11 Apr 24
RadNet to Make its Second Acquisition in Houston, Texas
10 Apr 24