Navigation Links
Hanger Orthopedic Group, Inc. Beats First Call Q2 EPS Estimates by $0.05 on 13% Sales Growth and 57.2% Growth in Net Income
Date:7/29/2008

mmon stock and has notified the holder of its intention.

Commenting on the results, Thomas F. Kirk, President and Chief Executive Officer of Hanger Orthopedic Group, remarked, "I am extremely pleased with our second quarter results, the tenth consecutive quarter in meeting or exceeding First Call consensus estimates. Same-center growth in our patient care division continues to drive a large portion of our business with sales growth of 8.9%. Our distribution business also accelerated its sales growth with an increase of 20.6% in the second quarter, and now it represents 11.6% of our total sales for the quarter. We continue to gain leverage on our infrastructure costs due to our business model and our ongoing efforts to monitor expenses. As a result, operating margins improved this quarter by 70 basis points to 11.8%. Finally, the strong performance of our common stock triggered acceleration of the preferred stock dividend. This occurred earlier than expected, but highlights the value we have been able to create for all our shareholders over the last two years. By forcing conversion of the preferred stock we will simplify our capital structure, eliminate a preference that will benefit our common shareholders and eliminate all future dividend obligations related to the preferred stock. We are all energized on carrying the momentum of our operating focus and our growth projects into the second half of the year."

Hanger Orthopedic Group, Inc., headquartered in Bethesda, Maryland, is the world's premier provider of orthotic and prosthetic patient care services. Hanger is the market leader in the United States, owning and operating 661 patient care centers in 45 states and the District of Columbia, with over 3,500 employees including 1,060 practitioners (as of June 30, 2008). Hanger is organized into four units. The two key operating units are patient care which consists of nationwide orthotic and prosthetic practice centers and distribution which consists of
'/>"/>

SOURCE Hanger Orthopedic Group, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10

Related medicine news :

1. Hanger Orthopedic Group, Inc. Receives Positive Outlook from Standard & Poors Rating Services
2. Hanger Orthopedic Group, Inc. Announces Second Quarter 2008 Earnings Release Conference Call
3. Hanger Orthopedic Group, Inc. Announces an 11% Sales Increase and a 35% Increase in EPS to $0.23 for the Quarter Ended December 31, 2007, Compared to $0.17 in the Prior Year
4. Hanger Orthopedic Group, Inc. Announces Senior Leadership Succession Plan and Reaffirms Guidance
5. Hanger Orthopedic Group, Inc. Announces 2007 Year-End Earnings Release Conference Call
6. Hanger Orthopedic Group, Inc. Announces Three Acquisitions Totaling Over $3.5 Million of Annual Net Revenue
7. Infor-Med, Inc. Announces New Praxis EMR Version 4 with The Praxis Knowledge Exchanger(R)
8. 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
9. Central DuPage Hospitals Orthopedics Ranks in U.S. News Media Groups 2008 Edition of Americas Best Hospitals for the Second Consecutive Year
10. Three Industry Veterans Join Ascension Orthopedics
11. Swedish Orthopedic Institute Opens in Seattle
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/3/2015)... The panel of independent experts has spent ... short-listed for the awards presented tonight at TU-Automotive Detroit ... but the best-of-the-best can now be revealed as: , ... Volvo swept rivals aside by taking the coveted Car ... from our panel of expert judges., Stand out comments ...
(Date:6/3/2015)... On Sunday, June 7, 2015, tens of thousands ... local communities to observe the 28th annual National Cancer ... abroad will hold celebrations on this day to honor ... of cancer survivorship, and to show the world that ... and inspiring.,  , National Cancer Survivors Day® is an ...
(Date:6/3/2015)... June 03, 2015 DailyEndorphin is pleased ... programming module. With this highly configurable new offering, ... report on many components of its wellness programming for ... additional charge. , With this new module, annual clients ... challenges, (2) Create participant surveys, (3) Continually report on ...
(Date:6/3/2015)... DC (PRWEB) June 03, 2015 ... podiatrist Dr. Casey Friske ( Clarksville Division ... Scholarship from the Symposium of Advanced Wound Care (SAWC) ... APMA President-Elect Dr. Dan Davis. The Conference was ... B. Gonzalez Convention Center in San Antonio, TX. ...
(Date:6/3/2015)... (PRWEB) June 03, 2015 evigilo, a ... solutions, has showcased its new branding by launching a ... , "The new brand identity: the logo depicting a ... to green, the tagline – To Know. To Act. ... path evigilo is charting. A global, borderless approach to ...
Breaking Medicine News(10 mins):Health News:TU-Automotive Awards 2015 winners revealed 2Health News:TU-Automotive Awards 2015 winners revealed 3Health News:Communities to Recognize Cancer Survivors, Raise Awareness on National Cancer Survivors Day® – Sunday, June 7 2Health News:Communities to Recognize Cancer Survivors, Raise Awareness on National Cancer Survivors Day® – Sunday, June 7 3Health News:Communities to Recognize Cancer Survivors, Raise Awareness on National Cancer Survivors Day® – Sunday, June 7 4Health News:DailyEndorphin Launches Wellness "Events" Portal 2Health News:Foot and Ankle Specialists of the Mid-Atlantic, LLC Receives Award at the Spring 2015 Symposium of Advanced Wound Care Conference 2Health News:Keep calm! evigilos' "sun" will come out tomorrow – to know, to act, in time. 2
... According to researchers at,the American Society of ... homogeneous music daily may significantly reduce high blood,pressure. ... at the ASH,s Twenty-Third,Annual Scientific Meeting and Exposition ... a PERFECT example of rhythmically homogeneous,music!, SonicMood ...
... the Association of Marketing and, Communications Professionals for Inspiring Tales ... ... Triumphs, EL SEGUNDO, Calif., June 2 DaVita ... chronic kidney,disease and failure (CKD), today announced that the company,s internal,publication, ...
... that breast-feeding equally protects all babies against disease, research ... when it comes to respiratory infections, the protective effects ... boys. , Following 119 premature babies in Buenos ... that breast-feeding not only offered more protection to girls ...
... key to identifying high-risk behaviors among adolescents. Injury ... the leading causes of adolescent morbidity and mortality; yet ... behavioral concerns. That paradox of care is the motivation ... of Pediatrics, which found adolescents who participated in computerized ...
... is emerging in the world of pediatrics. A mild degree ... causes rickets in children and can be treated with increased ... sun exposure. , A new study conducted by ... study to investigate vitamin D insufficiency in pediatric patients with ...
... 1 Aflac Incorporated,announced today that Martin A. Durant ... chief financial officer. Susan R. Blanck has been,promoted to ... are,effective June 1, 2008., Durant first joined Aflac ... He was with Aflac for 10 years, eventually serving ...
Cached Medicine News:Health News:Can SonicMood Help to Significantly Lower High Blood Pressure? The Latest Research Answers With a Resounding YES! 2Health News:DaVita Magazine Takes Home Two Prestigious Hermes Creative Awards 2Health News:More girls than boys benefit from breastfeeding, Hopkins Children's research shows 2Health News:More girls than boys benefit from breastfeeding, Hopkins Children's research shows 3Health News:Waiting room gadget may prove to be a life-saver 2Health News:First study to examine vitamin D insufficiency in pediatric patients with low bone density 2Health News:Martin Durant Promoted to Executive Vice President and Deputy CFO; Sue Blanck Promoted to First Senior Vice President of Aflac Japan 2Health News:Martin Durant Promoted to Executive Vice President and Deputy CFO; Sue Blanck Promoted to First Senior Vice President of Aflac Japan 3
(Date:6/3/2015)... , June 3, 2015  Flow cytometry remains ... the globe and keeping track of wide-ranging consumer ... market. In particular, ensuring user-friendliness, fluorescence capabilities, specialized ... the most important factors influencing end-user purchase decisions ... New analysis from Frost & Sullivan, ...
(Date:6/3/2015)... MALVERN, Pa. , June 3, 2015  Essential ... today that it has been invited to speak at ... New York city on June 4th.  ... Large Bore closure system, including a review of first ... systems.     MANTA closes femoral arterial punctures ...
(Date:6/3/2015)... , June 3, 2015 aTyr Pharma, Inc. ... discovery and development of Physiocrine-based therapeutics to address rare diseases, ... Annual William Blair Growth Stock Conference to be held at ... , June 9-11, 2015. John Mendlein , ... presentation on the Company at 9:20 a.m. CT on Wednesday, ...
Breaking Medicine Technology:Florescent Capabilities are the Primary Focus for Laboratories with Flow Cytometer Technologies 2Florescent Capabilities are the Primary Focus for Laboratories with Flow Cytometer Technologies 3Florescent Capabilities are the Primary Focus for Laboratories with Flow Cytometer Technologies 4Essential Medical Inc. Announces Participation in 2015 Jefferies Global Healthcare Conference - NYC 2
4 mm blade. Flat handle....
10 mm blade, angled left. Flat handle....
Double-ended. Blades set at 45 and 90 degrees. Hexagonal handle....
5 mm curved blade. Round handle....
Medicine Products: