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

rating expenses 34,453 20.4% 32,214 20.4% Depreciation and amortization 4,455 2.6% 4,181 2.7% Income from operations 15,130 8.9% 14,199 9.0% Interest expense 7,606 4.5% 8,258 5.2% Income before taxes 7,524 4.4% 5,941 3.8% Provision for income taxes 3,009 1.8% 2,376 1.5% Net income 4,515 2.6% 3,565 2.3% Less preferred stock dividend - Series A Convertible Preferred Stock - 416 Net income applicable to common stock $4,515 $3,149 Basic Per Common Share Data: ----------------------------- Net income $0.15 $0.14 Shares used to compute basic per common share amounts 30,926,725 22,880,973 Diluted Per Common Share Data: ------------------------------ Net income $0.14 $0.12 Shares used to compute diluted per common share amounts 31,955,851 30,661,996 Cash Flow Data: --------------- Cash flow used in operations $(3,709) $(7,458) Capital expenditures $2,827 $3,090 Decrease in cash $(6,480) $(13,991) March 31, December 31, Balance Sheet Data: 2009 2008 ------------------- --------- --------- Cash balance $51,933 $58,413 Days Sales Outstanding (DSOs) 48 51
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SOURCE Hanger Orthopedic Group, Inc.
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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
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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
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