RadNet posts profit in Q2
Article Thumbnail ImageAugust 10, 2011 -- A 9% increase in volume powered imaging services firm RadNet to double-digit growth in revenues and a profit in the second quarter (end-June 30).
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Revenues increased 12% to $155.6 million, compared with $138.9 million in the second quarter of 2010. Net income totaled $3.5 million, compared with a net loss of $11.8 million in the same quarter last year.

For the six-month period, revenues rose 15% to $301.8 million, compared with $263.1 million in the first half of 2010. Net income was $2.6 million, compared with a net loss of $15.9 million in the same period last year.