The opening of five new fixed-site imaging centers in the third quarter, and 10 new fixed-site facilities in 2006, helped boost revenues for imaging services provider Alliance Imaging of Anaheim, CA, in the first nine months of 2006 (end-September 30).
Third-quarter revenues increased 7% to $113.5 million, compared with $106.2 million in the third quarter of 2005. Net income climbed to $5 million, compared with $4.9 million in the same quarter a year ago.
For the first nine months of 2006, revenue rose 7% to $344.1 million, compared with $320.6 million in the same period of 2005. Net income grew to $17.3 million, up from $15 million in the same period a year ago.
Alliance added that it expects to open a total of 10 to 15 fixed imaging sites in 2006, a portion of which will replace mobile service to the company's current customers.
In other company news, Andrew P. Hayek will step down as Alliance's president and chief operating officer (COO), effective January 2007, to join dialysis services provider DaVita of El Segundo, CA.
By AuntMinnie.com staff writers
November 3, 2006
Related Reading
Alliance grows Q2 revenues as profit slips, August 4, 2006
Alliance's Q1 revenues grow as profit dips, May 5, 2006
Alliance posts strong Q4, positive '05, February 24, 2005
Alliance issues financial guidance, December 5, 2005
Fewer MRI scans, hurricanes cut Alliance Imaging's Q3, November 4, 2005
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