Alliance posts revenue, earnings gains in 2002

Imaging services provider Alliance Imaging reported fourth-quarter revenues of $103.6 million, up 8.9% compared with the same period last year. For the quarter (end-December 31), the Anaheim, CA-based vendor had net income of $8.4 million, compared with net income of $4.5 million a year ago.

Alliance had revenues of $412 million for the year, up 9.8% compared with the $375.2 million booked in 2001. The company had net income of $35.9 million, compared with net income of $10.5 million in 2001.

Chairman and CEO Richard Zehner said that Alliance was pleased with its 2002 results, which were achieved even with weak scan volumes during the holiday period.

By AuntMinnie.com staff writers
March 4, 2003

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