Alliance grows Q2 sales, profit

Imaging services provider Alliance Imaging of Anaheim, CA, reported growth in both revenues and net income for its second quarter (end-June 30).

For the period, revenues increased to $122.8 million, up 10% compared with $111.8 million in the corresponding quarter of 2007. The company's second-quarter net income was $5.1 million, compared with $4.8 million in the same period a year ago.

For the year to date, Alliance has recorded revenue of $241.9 million, an increase of 9% compared with $221.2 million in the same period of 2007. The company's net income for the first half stands at $8.5 million, compared with $10.4 million in the first half of 2007.

Related Reading

Alliance buys mobile PET/CT firm, July 30, 2008

Revenue up, profit down in Alliance's Q1, May 5, 2008

Alliance buys 6 radiosurgery sites, April 7, 2008

DRA hurts Alliance's 2007 revenue, February 22, 2008

Alliance closes $150 million in senior notes, December 6, 2007

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