Alliance HealthCare Services, Inc. (NYSE:AIQ) has released a full year guidance for 2009 and 2010. The company expects its revenue for fiscal 2009 to be between $503 million to $518 million and Adjusted EBITDA from $177 million to $192 million. The 2010 guidance calls for a revenue range from $470 million to $500 million and an adjusted EBITDA ranging from $155 million to $180 million.
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The company reviewed the financial outlooks during a conference call on December 18. Interested parties can hear a replay of the call by dialing 800.642.1687, or 706.645.9291 for international listeners. The conference call ID number is 46761222. A webcast will also be available for replay at http://www.alliancehealthcareservices-us.com/.
Alliance Healthcare Services, Inc. (Alliance), formerly Alliance Imaging, Inc., is a provider of outpatient diagnostic imaging services and radiation oncology services. The Company’s principal sources of revenue are derived from magnetic resonance imaging (MRI) and positron emission tomography/computed tomography (PET/CT). The Company provides imaging and therapeutic services primarily to hospitals and other healthcare providers on a shared-service and full-time service basis. Its also provides services through a number of fixed-site imaging centers, primarily to hospitals or health systems. In March 2008, Alliance Radiosurgery, LLC, a wholly owned subsidiary, acquired six CyberKnife robotic radiosurgery facilities from Accuray, Inc. In July 2008, it acquired Medical Outsourcing Services, LLC (MOS). In December 2008, it acquired Shared PET Imaging, LLC (SPI). During the year ended December 31, 2008, it also acquired the remaining 20% minority interest in Alliance Oncology, LLC (AO).
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