Hanger Inc. Common Stock ($0.0 (NYSE:HGR)

WEB NEWS

Thursday, September 3, 2009

Comments & Business Outlook

"We are extremely pleased with our second quarter results as they exceeded our expectations and represent sound operational execution, particularly in this economic environment," commented Thomas F. Kirk, President and Chief Executive Officer of Hanger Orthopedic Group. Mr. Kirk added, "Our patient care centers growth of 4.4% continues to be a key driver of our revenues. Combined with our expense management efforts we have improved operating margins for the quarter by 70 basis points to 12.5% since the second quarter of last year. We move to the second half of the year in solid financial shape and focused on executing our business opportunities."

FULL YEAR 2009 Guidance Ending December a


  Full Year 2009 Guidance Full Year 2008 Reported Period Change
GAAP Revenue $750.0 to $760.0 million $703.1 million 6.7% to 8.1%
Non-GAAP EPS b $1.02 to $1.04 $0.86 18.6% to 20.9%

Source: PR Newswire (July 28, 2009)

a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

b Non-GAAP EPS figures generally exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to its financial press releases. The GeoTeam® non-GAAP figures may, from time to time, differ from company supplied figures.


Monday, June 29, 2009

Comments & Business Outlook
Per its first quarter earning release, 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.

Wednesday, February 11, 2009

Comments & Business Outlook

Guidance Report:

Full Year Fiscal 2009 Guidance Ending December

  2009 Guidance 2008 Reported Period Change
Revenue $750 to $760 million $703.1 million 6.7% to 8.1%
EPS $0.96 to $0.98 $0.86 11.6% to 14.0%

EPS Figures exclude non-operating gains and losses (Non-GAAP)

'The Hanger team had an outstanding year in 2008 and I am extremely pleased with our performance in the fourth quarter, since it marks the twelfth consecutive quarter of meeting or exceeding First Call consensus estimates,' commented Thomas F. Kirk, President and Chief Executive Officer of Hanger Orthopedic Group. Mr. Kirk added, 'All elements of our company improved on last year's results to enable us to achieve 34.4% EPS growth in 2008. Hanger has a stable capital structure, ample liquidity to grow and handle our needs, as well as strong cash flow. I am proud of our team's accomplishments in 2008, and while we are concerned about the economy, we are excited about our prospects in 2009 as evidenced by our guidance which reflects strong growth in sales and EPS.'

Source: PR Newswire (February 10, 2009)



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