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Hanger Orthopedic Group, Inc. Announces Record Revenue of $162.3 Million and 20% Growth in Earnings Per Share for the Quarter Ended September 30, 2007
Date:10/29/2007

materially from those expressed in, or implied by, these statements, including the Company's ability to enter into and derive benefits from managed care contracts, the demand for the Company's orthotic and prosthetic services and products and the other factors identified in the Company's periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise.

Hanger Orthopedic Group, Inc.

(Dollars in thousands, except share and per share amounts)

(unaudited)

Three Months Ended Nine Months Ended

Income Statement: September 30, September 30,

2007 2006 2007 2006

Net sales $162,343 $151,549 $466,560 $444,849

Cost of goods sold

(exclusive of depreciation

and amortization) 79,962 76,229 231,456 221,790

Selling, general and

administrative 59,872 54,569 174,744 167,947

Depreciation and

amortization 3,943 3,630 11,569 11,077

Income from operations 18,566 17,121 48,791 44,035

Interest expense, net 9,318 9,852 27,783 29,266

Extinguishment of debt - 537 - 16,953

Income (Loss) before taxes 9,248 6,732 21,008 (2,184)

Provision (benefit) for

income taxes 3,838 3,274 8,722 (747)

Net income (Loss) 5,410 3,458 12,286 (1,437)

Less preferred stock

dividends d
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SOURCE Hanger Orthopedic Group, Inc.
Copyright©2007 PR Newswire.
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