Hanger, Inc. (HNGR) Reports In-Line Q1 EPS, Offers Guidance

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Hanger Reports First Quarter 2022 Financial Results

May 4, 2022 4:05 PM EDT

Company Reports Strong Same Clinic Revenue Growth Trends; Reaffirms Guidance

AUSTIN, 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 first quarter ended March 31, 2022.

Financial Highlights

Net revenues were $261.3 million for the three months ended March 31, 2022, compared to $237.5 million for the same period in 2021, reflecting growth of 10.0 percent. Patient Care same clinic revenue growth per day was 6.9 percent during the period with continuing increases... More