Hanger Reports Fourth Quarter 2019 Results and Provides 2020 Outlook
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Hanger, Inc. (HNGR) Tops Q4 EPS by 1c; Offers FY20 Revenue Guidance
March 11, 2020 4:13 PM EDTHanger, Inc. (OTC: HNGR) reported Q4 EPS of $0.45, $0.01 better than the analyst estimate of $0.44. Revenue for the quarter came in at $300.9 million versus the consensus estimate of $300.76 million.
Financial Highlights for the Fourth Quarter of 2019
Net revenue was $300.9 million for the three months ended December 31, 2019, compared to $284.9 million for the same period in 2018, reflecting growth of 5.6 percent. Patient Care segment net same clinic revenue grew by 2.9 percent.Net income was $18.8 million for the three months ended December 31, 2019, compared to $4.5 million for the same period in 2018. Fourth quarter 2019 net income benefited from... More