LOS ANGELES (AP) — LOS ANGELES (AP) — RadNet Inc. (RDNT) on Wednesday reported a loss of $2.8 million in its first quarter.
The Los Angeles-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs, were 7 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.
The operator of medical diagnostic imaging centers posted revenue of $431.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $421.5 million.
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