ANAHEIM, Calif. - Alliance Imaging, which provides medical imaging services, said Monday it expects 2008 revenue to grow to a range of $472 million to $484 million.
| AIQ | 7.82 |
Analysts polled by Thomson Financial project sales of $486.9 million, on average.
The company, which operates mobile and standing imaging centers, said next year's revenue would be $3 million lower due to government payment cuts for imaging procedures, including MRI and PET scans. Lawmakers have begun targeting imaging as a source of savings for the Medicare program, which provides health care to more than 40 million elderly Americans.
Alliance also reaffirmed previously announced 2007 revenue between $439 million and $443 million. Analysts polled by Thomson Financial expect revenue of $443.1 million.
Shares of Alliance Imaging Inc. rose 5 cents in after-hours trading Monday to $9.01, after falling 15 cents to close at $8.96 in regular trading.
U.S. stocks opened with a sharp dive on Monday, clearing off some of the strong gains from last week, as the markets brace for another round of e...
Asian and European markets fell Monday as investors paused after last week's ral...
The U.S. Food and Drug Administration has approved a new drug application for a cream designed to treat vaginal dryness and pain from intercourse...


Building your business and corporate credit for your small business.
Split Big Profits! You Find it & We Fund it! Co-Own Or Cash Out! Get Free Info Kit Now!
Baldwin Linguas:
Translations Interpreting Localization:
English French Portuguese Spanish