Imaging services provider Alliance Imaging of Anaheim, CA, reported growth in revenues for the first quarter (end-March 31), although the company's net income fell slightly.
For the period, Alliance reported revenues of $115.3 million, up 9% compared with $106 million in the same period in 2005. The company posted net income of $5.1 million, compared with net income of $6.1 million in the first quarter of 2005.
The company said the strong first quarter was prompting it to raise its guidance for the full year, with revenue now expected to range from $445 million to $453 million.
By AuntMinnie.com staff writers
May 5, 2006
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