Hanger, Inc. (HNGR) Tops Q3 EPS by 21c, Revenues Beat
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Hanger Reports Third Quarter 2020 Financial Results
November 4, 2020 4:10 PM ESTAUSTIN, Texas--(BUSINESS WIRE)-- Hanger, Inc. (NYSE: HNGR), a leading provider of orthotic and prosthetic (O&P) patient care services and solutions, today announced its financial results for the third quarter ended September 30, 2020.
Financial Highlights
Net revenue was $256.6 million for the three months ended September 30, 2020, compared to $279.6 million for the same period in 2019, reflecting a decrease of 8.2 percent. Net same clinic revenue on a day-adjusted basis declined by 10.3 percent, due primarily to a decrease in patient volumes associated with the COVID-19... More