It hasn't been the best quarter for RadNet, Inc. (NASDAQ:RDNT) shareholders, since the share price has fallen 14% in that time. Looking further back, the stock has generated good profits over five years. After all, the share price is up a market-beating 91% in that time.

Although RadNet has shed US$68m from its market cap this week, let's take a look at its longer term fundamental trends and see if they've driven returns.

Check out our latest analysis for RadNet

Given that RadNet didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Shareholders of unprofitable companies usually expect strong revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.

For the last half decade, RadNet can boast revenue growth at a rate of 9.2% per year. That's a pretty good long term growth rate. While the share price has beat the market, compounding at 14% yearly, over five years, there's certainly some potential that the market hasn't fully considered the growth track record. The key question is whether revenue growth will slow down, and if so, how quickly. Lack of earnings means you have to project further into the future justify the valuation on the basis of future free cash flow.

You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).

This free interactive report on RadNet's balance sheet strength is a great place to start, if you want to investigate the stock further.

A Different Perspective

We're pleased to report that RadNet shareholders have received a total shareholder return of 51% over one year. That's better than the annualised return of 14% over half a decade, implying that the company is doing better recently. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. It's always interesting to track share price performance over the longer term. But to understand RadNet better, we need to consider many other factors. Even so, be aware that RadNet is showing 2 warning signs in our investment analysis , and 1 of those shouldn't be ignored...

But note: RadNet may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.