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Hanger Orthopedic Group, Inc. Reports an Increase of 42.3% in Earnings Per Share, to $0.37 on a 10.6% Sales Increase, for the Fourth Quarter 2009
Date:2/10/2010

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.

-tables to follow-

    
    
    
    
                           Hanger Orthopedic Group, Inc.                      
         (Dollars in thousands, except for share and per share amounts)     
                                   (Unaudited)                              
                                                                            
                                 Three Months Ended      Twelve Months Ended
                                     December 31,            December 31,   
    Income Statement:              2009        2008        2009        2008 
    -----------------              ----        ----        ----        ---- 
    Net sales                  $205,104    $185,547    $760,070    $703,129 
    Cost of goods sold -                                                    
     materials                   59,512      54,915     228,295     210,323 
    Personnel costs              67,799      62,639     264,581     248,234 
    Other operating expenses     46,269      41,711     160,355     149,661 
    Depreciation and                                                        
     amortization                 4,053       4,378      16,319      17,183 
                                  -----       -----      ------      ------ 
    Income from operations       27,471      21,904      90,520      77,728 
 
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SOURCE Hanger Orthopedic Group, Inc.
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