AP NEWS

Hanger: 2Q Earnings Snapshot

August 9, 2018

AUSTIN, Texas (AP) _ Hanger Inc. (HNGR) on Thursday reported net income of $12.9 million in its second quarter.

On a per-share basis, the Austin, Texas-based company said it had profit of 35 cents. Earnings, adjusted for non-recurring gains, came to 28 cents per share.

The orthotic and prosthetic company posted revenue of $267 million in the period.

Hanger shares have climbed slightly more than 8 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.05, a rise of 48 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HNGR at https://www.zacks.com/ap/HNGR

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