Hanger Announces Date of 2020 Fourth Quarter Earnings Release and Conference Call
January 28 2021 - 8:30AM
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 fourth quarter and twelve
months ended December 31, 2020 after the stock market closes on
Monday, March 1, 2021.
Hanger's management team will host a conference call with the
financial community to discuss the financial results the following
morning on Tuesday, March 2 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 844-750-4896, or 412-317-5292
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 investor.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 assumptions 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 releases or
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 release. 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 September 30, 2020, each 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/20210128005178/en/
Investor Relations Contact: Seth Frank, Vice President, Treasury
and Investor Relations Hanger, Inc. 512-777-3573
sfrank@hanger.com
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