American Dental revenues up 5.5% in Q4

American Dental Partners (ADP) reported revenues of $70.3 million for the fourth quarter of 2010 (end-December 31), up 5.55% from $66.6 million for the fourth quarter of 2009.

Net earnings for the quarter were $2.2 million, compared with $1.9 million for the same quarter a year ago.

For the year, net revenue was $286 million, a 4% increase over net revenues of $274 million in 2009. Net earnings for 2010 were $10.3 million, compared with $7.7 million for 2009.

ADP is affiliated with 26 dental groups, which have 273 dental facilities with about 2,366 operatories located in 21 states.

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