Hanger Inc. (Formerly known as Hanger Orthopedic Group, Inc.) Reports First Quarter 2014 Financial Results

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AUSTIN, Texas, May 5, 2014 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) today announced net sales of $235.6 million for the quarter ended March 31, 2014, an increase of $6.2 million from net sales of $229.4 million for the first quarter of 2013. Adjusted diluted earnings per share, which excludes non-recurring tax costs, costs related to acquisitions and the implementation of the Company’s new clinic management system (which the Company refers to as “Janus”), were $0.19 for the first quarter of 2014, compared to first quarter 2013 adjusted diluted earnings per share of $0.27.

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