Alliance HealthCare Services Sees 2011 Revenue of $475M to $505M

Alliance HealthCare Services, Inc. AIQ reaffirmed full year 2010 guidance and announced financial guidance for full year 2011. The Company reaffirms its full year 2010 revenue and Adjusted EBITDA guidance. Adjusted EBITDA is defined below. Full year 2010 revenue is expected to range from $470 million to $500 million and Adjusted EBITDA is expected to range from $155 million to $180 million. For full year 2011, the Company expects revenue to range from $475 million to $505 million and Adjusted EBITDA is expected to range from $140 million to $165 million. Alliance expects 2011 cash capital expenditures to total approximately $65 million to $75 million. The Company expects to open 20 to 25 fixed-site imaging centers and expects to open three to five radiation therapy centers in 2011.