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Article: Alliance Imaging Reports Results for the Fourth Quarter and Year Ended December 31, 2005; Provides Estimated 2007 Impact on Medicare Revenue Due to Deficit Reduction Act of 2005.
- Article from:
- Business Wire
- Article date:
- February 23, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ANAHEIM, Calif. -- Alliance Imaging, Inc. (NYSE:AIQ), a leading national provider of diagnostic imaging services, announced results for the fourth quarter and year ended December 31, 2005.
Fourth Quarter and Full Year 2005 Results
Fourth quarter 2005 revenue increased 2.8% to $110.2 million from $107.2 million in the same quarter of 2004. Full year 2005 revenue totaled $430.8 million, which was above the Company's previously provided guidance range of $424.5 million to $428.5 million. Full year 2005 revenue decreased 0.3% to $430.8 million from $432.1 million in 2004.
Alliance's Adjusted EBITDA (as defined below), was $37.5 million in the ...