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Digirad Corporation is a provider of diagnostic solutions. The Company's business is organized into two segments: Diagnostic Services and Diagnostic Imaging. The Company provides in-office nuclear cardiology and ultrasound imaging services. It also provides cardiac event monitoring services to physician practices, hospitals and imaging centers through its Diagnostic Services business segment. The Company sells solid-state gamma cameras for nuclear cardiology and general nuclear medicine applications, as well as provides service on the products it sells through its Diagnostic Imaging business segment. Diagnostic Services also offers remote cardiac event monitoring services, which include provision of a monitor, remote monitoring by registered nurses and monitoring support for its patients and physician customers. Its nuclear cameras feature detectors based on solid-state technology. Its cameras are used in hospitals, imaging centers, physician offices, and by mobile service providers.
TypePublic
Founded1985
HQSuwanee, US
Websitedigirad.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Dec 2018)452(-12%)
Job Openings17
Revenue (FY, 2019)$114.2 M(+10%)
Share Price (Sept 2020)$2.8
Cybersecurity ratingCMore

Key People/Management at Digirad

Matt Molchan

Matt Molchan

Chief Executive Officer and Director
Martin B. Shirley

Martin B. Shirley

President
David Noble

David Noble

Chief Operating Officer and Chief Financial Officer
Mickey King

Mickey King

Executive Chairman, Imaging Solutions
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Digirad Office Locations

Digirad has offices in Suwanee and Poway
Suwanee, US (HQ)
1048 Industrial Ct
Poway, US
13100 Gregg St Suite A
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Digirad Financials and Metrics

Digirad Revenue

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Digirad's revenue was reported to be $114.19 m in FY, 2019
USD

Revenue (Q2, 2020)

17.3m

Gross profit (Q2, 2020)

3.0m

Gross profit margin (Q2, 2020), %

17.5%

Market capitalization (16-Sept-2020)

13.1m

Closing stock price (16-Sept-2020)

2.8

Cash (30-Jun-2020)

9.1m

EV

28.1m
Digirad's current market capitalization is $13.1 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

53.7m50.5m49.4m55.6m60.8m125.5m118.3m104.2m114.2m

Revenue growth, %

13%9%106%

Cost of goods sold

39.0m37.4m35.3m39.0m42.9m89.7m89.9m85.9m92.1m

Gross profit

14.8m13.1m14.1m16.6m17.9m35.8m28.4m18.3m22.1m
USDQ2, 2011

Financial Leverage

1.2 x
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Digirad Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

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Digirad Online and Social Media Presence

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Digirad News and Updates

Digirad Corporation Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2020

SUWANEE, Ga., Aug. 13, 2020 (GLOBE NEWSWIRE) -- Digirad Corporation (Nasdaq: DRAD; DRADP) (“Digirad” or the “Company”) reported today its financial results for the second quarter (Q2) and six months (6M) ended June 30, 2020.

KBS, a Subsidiary of Digirad Corporation, Announces Signing of Phase 2 of its Previously Announced $5.2 Million Contract to Manufacture Multi-Family Housing Units for U.S. Army

Possible Phase 3 Would Increase Total Project Revenue to $6.7 million Possible Phase 3 Would Increase Total Project Revenue to $6.7 million

KBS, a Subsidiary of Digirad Corporation, Announces Signing of Phase 1 of $5.2 Million Contract to Manufacture Multi-Family Housing Units for U.S. Army

SUWANEE, Ga., June 09, 2020 (GLOBE NEWSWIRE) -- Digirad Corporation (Nasdaq: DRAD; DRADP) (“Digirad” or the “Company”), a diversified holding company with three operating divisions: Healthcare, Building & Construction, and Real Estate & Investments, announced today that KBS Builders, Inc. …

World Nuclear Medicine Imaging Equipment Market Analysis, Featuring Digirad Corporation, GE Healthcare, Mediso Medical Imaging Systems and Philips Healthcare

DUBLIN, May 28, 2020 /PRNewswire/ -- The "Nuclear Medicine Imaging Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Amid the COVID-19 crisis and the looming economic recession, the Nuclear Medicine Imaging Equipment market...

Digirad Corporation Announces 2019 Fourth Quarter and Year End Financial Results

Reports Q4 2019 Revenue and Gross Profit Increases of 39% and 112%, Respectively Reports Q4 2019 Revenue and Gross Profit Increases of 39% and 112%, Respectively

Digirad Corporation Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2019

SUWANEE, Ga., Nov. 14, 2019 (GLOBE NEWSWIRE) -- Digirad Corporation (Nasdaq: DRAD; DRADP) (“Digirad” or the “Company”) reported today its financial results for the third quarter (Q3) and nine months (9M) ended September 30, 2019.
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Digirad Blogs

Triple Vessel Disease: Pathology, Diagnosis and Treatment

In the United States, heart disease remains the number one cause of death across most groups and accounts for one in every four deaths. Coronary Artery Disease (CAD) is the most common form of heart disease, affecting about 6.7% of adults aged over 20. Within CAD lies an extreme form,... more > T…

20 Years of Solid-State Nuclear Imaging Infographic

Download the PDF version of this infographic The post 20 Years of Solid-State Nuclear Imaging Infographic appeared first on Digirad.

How the Coronavirus is Impacting ALARA Standards: What I’m Seeing

One unexpected result of the COVID-19 crisis is that I am seeing the best radiation safety and ALARA practices that I’ve experienced in years. Why is that? In short, our newfound interest in social distancing has highlighted the importance of tried-and-true “time, distance, and shielding” principles…

Digirad Celebrates the 20th Anniversary of the First Commercially Performed Solid-State Nuclear Medicine Scan

Digirad is celebrating the 20th anniversary of the first commercially performed solid-state nuclear medicine image being scanned. The image was captured in June of 2000 using a Digirad 2020tc and ushered in a new era of imaging to cardiology and nuclear medicine. The development of the solid-state c…

Portable Nuclear Imaging Should Be a Part of Our New Normal

Most hospitals utilize portable x-ray and portable ultrasound daily. The ability to provide point-of-care x-ray and ultrasound imaging is an invaluable way to reduce costs, help patients, and increase the overall quality of care. Advancements in technology have made delivering portable nuclear imagi…

Digirad Launches Updated Ergo and Cardius Cameras for 2020

Digirad today announced the launch of updated versions of its Ergo general-purpose nuclear camera, and Cardius line of SPECT cameras. The upgraded cameras were developed throughout 2019 and are making their clinical debut this quarter in markets throughout the United States and Canada. The updates b…
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Digirad Frequently Asked Questions

  • When was Digirad founded?

    Digirad was founded in 1985.

  • Who are Digirad key executives?

    Digirad's key executives are Matt Molchan, Martin B. Shirley and David Noble.

  • How many employees does Digirad have?

    Digirad has 452 employees.

  • What is Digirad revenue?

    Latest Digirad annual revenue is $114.2 m.

  • What is Digirad revenue per employee?

    Latest Digirad revenue per employee is $252.6 k.

  • Who are Digirad competitors?

    Competitors of Digirad include Hospital Nacional, The Montreal Children's Hospital and Qscan Services.

  • Where is Digirad headquarters?

    Digirad headquarters is located at 1048 Industrial Ct, Suwanee.

  • Where are Digirad offices?

    Digirad has offices in Suwanee and Poway.

  • How many offices does Digirad have?

    Digirad has 2 offices.