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Alliance Imaging reports 5.5% revenue increase

Published in Telemedicine Week, April 5th, 2005

Alliance Imaging, Inc., (AIQ), a provider of diagnostic imaging services, announced results for the fourth quarter and year ended Dec. 31, 2004.

Revenue for the fourth quarter increased 5.5% to $107.2 million from $101.6 million in the comparable 2003 quarter. Revenue for 2004 increased 4.0% to $432.1 million from $415.3 million in 2003.

Alliance's earnings before interest, other income and expense, net, taxes, depreciation, and amortization, adjusted for employment agreement costs, severance and related costs, non-cash stock-based compensation, loss on early retirement of debt, and non-cash asset impairment charges (adjusted EBITDA), was $40.1...

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