Published in Telemedicine Week, June 1st, 2004
Revenue increased 2.8% to $105.6 million for the first quarter ended March 31, 2004, from revenue of $102.7 million for the same quarter in 2003, an increase of $2.9 million.
Alliance's earnings before interest, taxes, depreciation, and amortization, adjusted for non-cash stock-based compensation expenses (in the first quarter of 2004 and 2003), employment agreement costs (in the first quarter of 2004), and severance and related costs (in the first quarter of 2003) (adjusted EBITDA), decreased 3.7% to $40.4 million in the first quarter of 2004 from $41.9...
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