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RadNet, Inc. Earnings Release 2024

Aug 9, 2024

30950_rns_2024-08-09_65c8f088-04f6-44f3-8dd2-a1661f73301f.zip

Earnings Release

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 7, 2024

RadNet, Inc.

(Exact name of registrant as specified in its charter)

Delaware 001-33307 13-3326724
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
1510 Cotner Avenue
Los
Angeles , California 90025
(Address of Principal Executive Offices) (Zip Code)

( 310 ) 478-7808

Registrant’s Telephone Number, Including Area Code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

| Title
of each class | Trading
Symbol(s) | Name
of each exchange on which registered |
| --- | --- | --- |
| Common
Stock, $0.0001 par value | RDNT | NASDAQ |

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On August 7, 2024 RadNet, Inc. (“RadNet”) issued a press release and, on August 8, 2024, held a conference call regarding its 2024 financial results for the second quarter ended June 30, 2024. A copy of the press release is furnished as Exhibit 99.1 and a copy of the transcript of the conference call is furnished as Exhibit 99.2 to this Current Report.

The information in this Current Report, including Exhibit 99.1 and Exhibit 99.2 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. The information in this Current Report, including Exhibit 99.1 and Exhibit 99.2 shall not be incorporated by reference into any registration statement or other document filed with the Commission.

Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

Exhibit No. Description of Exhibit
99.1 Press
Release dated August 7, 2024 relating to RadNet, Inc.’s financial results for the quarter and full fiscal year ended June 30,
2024.
99.2 Transcript of conference call.
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 9, 2024
By: /s/ Mark D.
Stolper
Name: Mark D. Stolper
Title: Chief Financial Officer

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EXHIBIT INDEX

Exhibit No. Description
99.1 Press Release dated August 7, 2024.
99.2 Transcript of conference call.
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