The Dark Side of Growth: How RadNet's Record Revenue Masks a Proficiency Problem RadNet's recent financials show a stark contrast between its revenue growth and profit performance.
In the second quarter, the imaging network's revenue surged to $622. 7 million, a 25% increase from last year. However, net income fell to $7. 5 million from $14. 5 million over the same period.
RadNet's management seems focused on short term revenue goals, sacrificing profitability for expansion and market share.