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Hanger, Inc. Reports Earnings of $0.50 Per Diluted Share for the Second Quarter 2012
Date:8/1/2012

ong-term care facilities and other sub-acute rehabilitation providers throughout the U.S.  For more information on Hanger, visit www.hanger.com and follow us at www.Facebook.com/HangerNews, www.Twitter.com/HangerNews, and www.YouTube.com/HangerNews

This document contains forward-looking statements relating to the Company's results of operations.  The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements.  Statements relating to future results of operations in this document reflect the current views of management.  However, various risks, uncertainties and contingencies could cause actual results or performance to differ 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 , Inc.(in thousands, except for share and per share amounts)(Unaudited)Three Months EndedSix Months EndedJune 30,June 30,Income Statement:2012201120122011Net sales

$
251,754$
234,751$
469,846$
435,190Cost of goods sold - materials

72,89968,514136,998126,622Personnel costs

83,43581,014167,054159,903Other operating expenses

51,25644,60393,38981,993Relocation expenses

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SOURCE Hanger, Inc.
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