Stock Alert for Virtual Radiologic Corp. Issued by MicroStockProfit
May 19 2010 - 4:50AM
MicroStockProfit.com announces an investment report featuring
Virtual Radiologic Corp. (Nasdaq:VRAD). The report includes
financial, comparative and investment analyses, and industry
information you need to know to make an educated investment
decision.
The full report is available at:
www.microstockprofit.com/ads/VRAD
Virtual Radiologic Corp. (VRAD) is a radiology practice working
in partnership with radiologists and hospitals to optimize
radiology's role in the delivery of patient care. Virtual
Radiologic Professionals, LLC (VRP), is its affiliated
physician-owned medical practice that contracts with independent
contractor physicians for the provision of their services to
fulfill customer contracts held by vRad or by the Professional
Corporations, consisting of Virtual Radiologic Professionals of
California, Virtual Radiologic Professionals of Illinois, Virtual
Radiologic Professionals of Michigan, Virtual Radiologic
Professionals of Minnesota, Virtual Radiologic Professionals of New
York and Virtual Radiologic Professionals of Texas. It
provides radiologic interpretations for a range of digital
diagnostic imaging modalities, including computed tomography (CT),
X-ray or plain film, magnetic resonance imaging (MRI), ultrasound,
nuclear medicine and positron emission tomography (PET).
Message Board Search for VRAD:
http://www.boardcentral.com/boards/VRAD
In the report, the analyst notes:
"Total revenue increased 8% to $30.8 million for the quarter
ended March 31, 2010, compared to $28.6 million for the quarter
ended March 31, 2009. The increase in revenue over the first
quarter of 2009 resulted primarily from a 15% increase in the
number of hospitals and medical facilities served to 1,205 as of
March 31, 2010, representing approximately 21% of all hospitals in
the United States.
"VRAD and Providence Equity Partners, a leading
global private equity firm that manages more than $22 billion in
equity capital, recently announced that they have entered into a
definitive agreement under which Providence will acquire all of the
outstanding common stock of VRAD for $17.25 per share in
cash."
To read the entire report visit:
www.microstockprofit.com/ads/VRAD
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