LOS ANGELES (AP) _ RadNet Inc. (RDNT) on Thursday reported a fourth-quarter loss of $7.3 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Los Angeles-based company said it had a loss of 15 cents. Earnings, adjusted for pretax expenses, were 13 cents per share.
The operator of medical diagnostic imaging centers posted revenue of $235.6 million in the period.
For the year, the company reported profit of $53,000. Revenue was reported as $922.2 million.
RadNet expects full-year revenue in the range of $950 million to $975 million.
RadNet shares have increased 2.5 percent since the beginning of the year. The stock has risen 82 percent in the last 12 months.