Lumexa Imaging Files for US IPO Revealing Shrinking Losses

Lumexa Imaging Holdings Inc., a chain of diagnostic imaging providers backed by private equtiy firm Welsh Carson Anderson & Stowe, filed for an initial public offering, disclosing growing revenue and shrinking losses.

The Raleigh, North Carolina-based company had net loss of $18.4 million on revenue of $755.3 million in the nine months ended Sept. 30, compared with net loss of $69 million on revenue of $700.8 million a year earlier, according to its filing Monday with the US Securities and Exchange Commission.