Hanger Inc. (Formerly known as Hanger Orthopedic Group, Inc.) (HGR) Reports Earnings of $0.50 Per Diluted Share for the Third Quarter 2012
11/1/2012 9:44:58 AM
AUSTIN, Texas, Oct. 31, 2012 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) announced net sales of $243.5 million for the quarter ended September 30, 2012, an increase of $8.2 million, or 3.5%, from $235.3 million for the third quarter of 2011. Diluted earnings per share were $0.50 for the third quarter of 2012 compared to $0.45 in the same period of 2011. Adjusted diluted earnings per share, which excludes costs related to acquisitions and relocation of the Company's corporate headquarters in the 2011 period, increased 8.7% to $0.50 for the third quarter of 2012 from $0.46 for the third quarter of 2011.