Hanger Announces Date of 2020 Second Quarter Earnings Release and Conference Call
July 09 2020 - 05:07PM
Business Wire
Hanger, Inc. (NYSE: HNGR), a leading provider of orthotic and
prosthetic patient care services and solutions, today announced it
will report its financial results for the second quarter and six
months ended June 30, 2020 after the stock market closes on
Wednesday, Aug. 5, 2020.
Hanger's management team will host a conference call with the
financial community to discuss the financial results the following
morning on Thursday, Aug. 6 at 8:30 a.m. Eastern time.
A live webcast, replay of the call and earnings release, will be
available on the Company's Investor Relations website: investor.hanger.com/financial-reporting.
For members of the financial community participating in the
conference call: dial 866-270-1533, or 412-317-0797
outside the U.S. and Canada, and ask to be joined into the Hanger,
Inc. call.
About Hanger, Inc. – Hanger, Inc. (NYSE: HNGR) delivers
orthotic and prosthetic (O&P) patient care, and distributes
O&P products and rehabilitative solutions to the broader
market. Hanger's Patient Care segment is the largest owner and
operator of O&P patient care clinics with approximately 800 locations
nationwide. Through its Products & Services segment, Hanger
distributes branded and private label O&P devices, products and
components, and provides rehabilitative solutions. With nearly 160
years of clinical excellence and innovation, Hanger's vision is to
lead the orthotic and prosthetic markets by providing superior
patient care, outcomes, services and value. For more information on
Hanger, visit www.hanger.com.
This press release contains statements that are forward-looking
statements within the meaning of the federal securities laws.
Forward-looking statements include information concerning our
liquidity and our possible or assumed future results of operations,
including descriptions of our business strategies. These statements
often include words such as “believe,” “expect,” “project,”
“potential,” “anticipate,” “intend,” “plan,” “estimate,” “seek,”
“will,” “may,” “would,” “should,” “could,” “forecasts” or similar
words. These statements are based on certain assumptions that we
have made in light of our experience in the industry as well as our
perceptions of historical trends, current conditions, expected
future developments and other factors we believe are appropriate in
these circumstances. We believe these judgments are reasonable, but
you should understand that these statements are not guarantees of
performance or results, and our actual results could differ
materially from those expressed in the forward-looking statements
due to a variety of important factors, both positive and negative,
that may be revised or supplemented in subsequent reports. These
statements involve risks, estimates, assumptions, and uncertainties
that could cause actual results to differ materially from those
expressed in these statements and elsewhere in this report. These
uncertainties include, but are not limited to, the financial and
business impacts of COVID-19 on our operations and the operations
of our customers, suppliers, governmental and private payers and
others in the healthcare industry and beyond; federal laws
governing the health care industry; governmental policies affecting
O&P operations, including with respect to reimbursement;
failure to successfully implement a new enterprise resource
planning system or other disruptions to information technology
systems; the inability to successfully execute our acquisition
strategy, including integration of recently acquired O&P
clinics into our existing business; changes in the demand for our
O&P products and services, including additional competition in
the O&P services market; disruptions to our supply chain; our
ability to enter into and derive benefits from managed-care
contracts; our ability to successfully attract and retain qualified
O&P clinicians; and other risks and uncertainties generally
affecting the health care industry. For additional information and
risk factors that could affect the Company, see its Form 10-K for
the year ended December 31, 2019 and Quarterly Report on Form 10-Q
for the three months ended March 31, 2020, as filed with the
Securities and Exchange Commission. The information contained in
this press release is made only as of the date hereof, even if
subsequently made available by the Company on its website or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20200709005972/en/
Investor Relations Contact: Seth Frank, Vice President, Treasury
and Investor Relations Hanger, Inc. 512-777-3573 sfrank@hanger.com
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