Navigation Links
Hanger Orthopedic Group, Inc. Reports $0.14 EPS on 26.6% Increase in Net Income for the First Quarter 2009
Date:4/27/2009

f $1.9 million, higher occupancy costs of $0.8 million, acquisitions of $0.7 million, offset by lower advertising costs of $0.7 million and $0.5 million of reductions in other overhead costs.

Interest expense for the first quarter of 2009 was $0.7 million less than last year due to lower variable interest rates.

Net cash used in operations improved by $3.8 million in the first quarter of 2009. The Company reported a use of $3.7 million, compared to a use of $7.5 million in 2008. The improvement in cash used for the first quarter of 2009 was primarily the result of improved operating results and a $1.4 million decrease in working capital. Days sales outstanding improved to 48 days as of March 31, 2009 from 51 days as of March 31, 2008.

As of March 31, 2009, $88.3 million, or 20.9%, of the Company's total debt of $422.9 million was subject to variable interest rates. The Company had total liquidity of $89.8 million, comprised of $51.9 million of cash and $37.9 million available under its revolving credit facility at March 31, 2009. The Company believes that it has sufficient liquidity to conduct its normal operations and fund its acquisition plan in 2009.

The Company reaffirms its 2009 guidance of revenues between $750 million and $760 million, resulting in growth of 6.7% to 8.1% compared to 2008 and diluted EPS in the range of $0.96 to $0.98.

"We are very pleased with these results as they represent continued solid financial performance, especially when considering the challenges in the overall economy and some adverse weather conditions in certain parts of our country," commented Thomas F. Kirk, President and Chief Executive Officer of Hanger Orthopedic Group. Mr. Kirk added, "Our patient care centers turned in a solid first quarter by growing same center sales by 4.1% in spite of this year's quarter having one less business day. We will continue to monitor the current eco
'/>"/>

SOURCE Hanger Orthopedic Group, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine news :

1. Hanger Orthopedic Group, Inc. Announces First Quarter 2009 Earnings Release Conference Call
2. Hanger Orthopedic Group, Inc. Reports $0.26 Pro Forma EPS on 8.6% Sales Growth for the Fourth Quarter 2008
3. Hanger Orthopedic Group Welcomes Vinit Asar as Chief Growth Officer
4. Hanger Orthopedic Group, Inc. Announces Six Acquisitions Totaling $8.9 Million of Annual Net Revenue
5. Hanger Orthopedic Group, Inc. Announces 2008 Year-End Earnings Release Conference Call
6. Parker College of Chiropractic Education Launches Recruiting Campaign for Career Changers and Potential Students
7. Hanger Orthopedic Group, Inc. Receives Favorable New Code for WalkAide
8. Hanger Orthopedic Group, Inc. Exceeds Estimates on a 10% Sales Increase and a 28% EPS Increase to $0.23 for the Third Quarter 2008
9. Hanger Orthopedic Group, Inc. Announces Underwritten Public Offering by Shareholder
10. Hanger Orthopedic Group, Inc. Receives Positive Outlook from Moodys Investors Service
11. Hanger Orthopedic Group, Inc. Beats First Call Q2 EPS Estimates by $0.05 on 13% Sales Growth and 57.2% Growth in Net Income
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/12/2014)... 2014 The report, "Phthalic Anhydride and ... by Application & Geography – Trends & Forecast to ... and forecasting of market volume and value. The report ... separately. The market of phthalic anhydride is projected to ... $8,415.89 million by 2018, with a CAGR of 5.24% ...
(Date:7/12/2014)... 12, 2014 In this ... ‘cognitive assessment and training’ is defined as ... train, or enhance cognitive functions. These solutions ... in dementia screening, clinical trials, driver’s safety, ... self assessment, brain training, and employers’ assessment ...
(Date:7/12/2014)... fastest-growing mobile technology is LTE (Long Term Evolution). The ... to grow due to the rapid evolution of LTE. ... traffic, which is a major driver for the Communications ... equipment comply with industry standards, and services which meet ... is estimated to grown from $3.75 billion in 2013 ...
(Date:7/12/2014)... -- If you make exercise fun, you,ll eat less after ... adults were led on a 1.4-mile walk and were either ... walk. The participants were given lunch after the walk, and ... 35 percent more chocolate pudding for dessert than those who ... experiment, 46 adults were given mid-afternoon snacks after their walk. ...
(Date:7/12/2014)... (PRWEB) July 12, 2014 Sean Francis, owner of ... out special challenges to his clients. He’s also known for his ... recently found a way to combine the two and is excited ... $2,000 for the Boys and Girls Club. , The funds are ... started on June 23rd. Francis sent out emails and asked his ...
Breaking Medicine News(10 mins):Health News:Phthalic Anhydride Market Projected to Reach $8.42 Billion by 2018 – Report by MarketsandMarkets 2Health News:Phthalic Anhydride Market Projected to Reach $8.42 Billion by 2018 – Report by MarketsandMarkets 3Health News:Phthalic Anhydride Market Projected to Reach $8.42 Billion by 2018 – Report by MarketsandMarkets 4Health News:Global Cognitive Assessment & Training Market: 27.3% CAGR to 2018 Says a New Research Report Available at LifeScienceIndustryResearch.com 2Health News:Global Cognitive Assessment & Training Market: 27.3% CAGR to 2018 Says a New Research Report Available at LifeScienceIndustryResearch.com 3Health News:Global Cognitive Assessment & Training Market: 27.3% CAGR to 2018 Says a New Research Report Available at LifeScienceIndustryResearch.com 4Health News:Global Cognitive Assessment & Training Market: 27.3% CAGR to 2018 Says a New Research Report Available at LifeScienceIndustryResearch.com 5Health News:North America Communication Test and Measurement (CT&M) Market Worth $1.9 Billion by 2018 - New Report by MicroMarket Monitor 2Health News:North America Communication Test and Measurement (CT&M) Market Worth $1.9 Billion by 2018 - New Report by MicroMarket Monitor 3Health News:North America Communication Test and Measurement (CT&M) Market Worth $1.9 Billion by 2018 - New Report by MicroMarket Monitor 4Health News:North America Communication Test and Measurement (CT&M) Market Worth $1.9 Billion by 2018 - New Report by MicroMarket Monitor 5Health News:Make Exercise Fun, Eat Less Afterwards 2Health News:Kawartha Lakes Fit Body Boot Camp’s Successful Fat Loss Challenge Results in $2,000 to Boys and Girls Club 2Health News:Kawartha Lakes Fit Body Boot Camp’s Successful Fat Loss Challenge Results in $2,000 to Boys and Girls Club 3
... statement,is being released by Sr. Carol Keehan, DC, ... Association of the United States (CHA):, The ... provided,today by the Holy See,s Congregation for the ... administered nutrition and,hydration to patients in a persistent ...
... Pharmaceuticals,Inc. (Nasdaq: AMLN ) management will be presenting ... Annual Meeting of the European,Association for the Study of ... PT / 1:30 p.m. CET local time in Amsterdam, ... recordings will be made,available following the event. The webcast ...
... Sept. 13 (HealthDay News) -- It,s under your movie seat ... , But relief may be in sight. This week, researchers ... chewing gum at the BA Festival of Science in York, ... clothes, hair and sidewalks, and preliminary tests indicate that it ...
... Mich., Sept. 14 Stryker,Corporation (NYSE: SYK ) ... conference: September 25, 2007 - 4:30 p.m. Eastern ... York, New York A simultaneous webcast of the ... http://www.stryker.com via the For Investors page. The,presentation for ...
... Sept. 14 Mylan Laboratories Inc.,(NYSE: MYL ... Lacerca to the,position of Senior Vice President and ... from Bristol-Meyers Squibb where she was,Director of Compliance ... she was responsible for all compliance-related matters in ...
... WASHINGTON, Sept. 14 - The successful,implementation of electronic ... program $1.2 million per month according to a ... and increased quality,demonstrated in Mississippi reinforces the importance ... Management Association,(PCMA) said today., "The state of ...
Cached Medicine News:Health News:Comment Regarding Congregation for the Doctrine of Faith Clarification Concerning Nutrition and Hydration for Patients in a Persistent Vegetative State 2Health News:Stryker to Present at Investor Conference 2Health News:Mylan Announces Appointment of M. Fabiana Lacerca as Senior Vice President and Chief Compliance Officer 2Health News:E-Prescribing Saving Mississippi Medicaid $1.2 Million Per Month 2
(Date:7/10/2014)... CVS Caremark Corporation (NYSE: CVS ) ... quarterly dividend of $0.275 (27.5 cents) per share on the ... 2014, to holders of record on July 21, 2014. ... dedicated to helping people on their path to better health ... United States . Through the company,s more than 7,600 ...
(Date:1/15/2014)... 2014 Sono-Tek Corporation (OTC BB: SOTK) today announced sales ... compared to sales of $2,202,000 for the prior year period, ... has also shown growth over the preceding quarter,s sales, continuing ... fiscal year. Markets that experienced sales increases over the prior ...
(Date:1/15/2014)... Most osteoporosis patients want a choice in the ... sponsored by Mission Pharmacal Company. The survey, conducted by ... support community, revealed that 74 percent of osteoporosis patients ... form other than a pill or a tablet. ...
Breaking Medicine Technology:Sono-Tek Announces Third Quarter Results 2Sono-Tek Announces Third Quarter Results 3Sono-Tek Announces Third Quarter Results 4Mission Pharmacal Conducts Online Survey of Osteoporosis Patients 2Mission Pharmacal Conducts Online Survey of Osteoporosis Patients 3
... Reportlinker.com announces that a new market research ... Global Micro-Electromechanical Systems (MEMs) Devices ... This report analyzes the worldwide ... US$ Million by the following product categories ...
... 2011 comScore, Inc. (Nasdaq: SCOR ), ... results from its fifth annual Online Marketing Effectiveness ... previous findings that exposure to online display advertising and ... favorability toward pharmaceutical brands. Visitation to branded websites also ...
Cached Medicine Technology:Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 2Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 3Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 4Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 5Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 6Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 7Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 8Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 9Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 10Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 11Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 12Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 13Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 14Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 15Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 16Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 17Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 18Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 19Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 20Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 21Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 22Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 23Reportlinker Adds Global Micro-Electromechanical Systems (MEMs) Devices Industry 24Branded Pharmaceutical Websites Continue to Be Most Impactful in Driving Conversions Among Prospects and Patients 2Branded Pharmaceutical Websites Continue to Be Most Impactful in Driving Conversions Among Prospects and Patients 3Branded Pharmaceutical Websites Continue to Be Most Impactful in Driving Conversions Among Prospects and Patients 4
The Contoured Wrist/Forearm Support provides comfort for post-surgical immobilization, post-fracture casting, and wrist sprains and strains....
Provides wrist stability with moderate motion restriction, making it ideal for the workplace...
Provides secure fracture immobilization while allowing for full range of motion at elbow and wrist...
... Bird and Cronin, ... manufacturer of Patient Footwear, ... Patient Care Products. Our ... highest quality and available ...
Medicine Products: