RadNet, Inc. (NASDAQ:RDNT) Q1 2024 Earnings Call Transcript

Jim Sidoti: Okay. All right. And second one, can you just give us updated share count what we need to be using for Q2 and Q3 this year?

Mark Stolper: Could you repeat that? Sorry, it’s a little bit difficult to hear you.

Jim Sidoti: Sorry, it is a question on what’s the right share count for the rest of the year?

Mark Stolper: Sure. So, I think we have somewhere in the 73 million to 74 million outstanding shares. We typically wouldn’t — unless we’re doing any acquisitions using our stock for the remainder of the year, we don’t expect that share count to go up significantly. Generally speaking, it’s the first quarter where we issue equity to our existing employee base as part of their annual compensation. So that was already completed in the first quarter. So, I wouldn’t expect anything to increase our shares materially between now and the end of the year unless there’s some acquisition where we choose to use stock.

Operator: And ladies and gentlemen, at this time showing no additional questions. I’d like to turn the floor back over to management for any closing remarks.

Dr. Howard Berger: All right. Thank you, operator. Again, I would like to take this opportunity to thank all of our shareholders for their continued support and the employees of RadNet for their dedication and hard work. Management will continue its endeavor to be a market leader that provides great services with an appropriate return on investment for all stakeholders. Thank you for your time today, and I look forward to our next call.

Operator: Ladies and gentlemen, with that, we’ll be concluding today’s conference call and presentation. We thank you for joining. You may now disconnect your lines.