Alliance Imaging Deal

Alliance Imaging Inc. said Monday it has sold its interest in London-based Alliance Medical Ltd., a privately held provider of diagnostic imaging services, for about $1 million.

Alliance said it expects to record an after-tax gain of about $630,000, or 5 cents a share, for the fourth quarter as a result of the sale.

The company said it expects to report record results for the fourth quarter and year, based on the gain from the sale, an extraordinary gain from paying off debts, and “strong operating income.”

For the fourth quarter last year, the company posted net income of $522,000, or 2 cents a share, on revenue of $13.8 million. The company had net income of $4.1 million, or 28 cents a share, on revenue of $58.1 million for the year.