Hanger: 2Q Earnings Snapshot
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.