Alliance Imaging records Q1 profit

Imaging services provider Alliance Imaging returned to profitability in the first quarter of 1995(end-March). The Orange, CA, company reported revenues of $14.5million, up 2.1% from $14.2 million in the first quarter of 1994.Net income was $1 million for the first quarter compared to aloss of $1.3 million in the same period a year ago. Alliance underwenta debt restructuring last year that saw the company reduce itsdebt service requirements and interest expense (SCAN 12/28/94).