RadNet: Q2 Earnings Snapshot

LOS ANGELES (AP) — LOS ANGELES (AP) — RadNet Inc. (RDNT) on Sunday reported second-quarter earnings of $7.5 million.

On a per-share basis, the Los Angeles-based company said it had net income of 10 cents. Earnings, adjusted for one-time gains and costs, came to 29 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share.

The operator of medical diagnostic imaging centers posted revenue of $622.7 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $611.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDNT at https://www.zacks.com/ap/RDNT