Hanger Orthopedic Group, Inc. (HGR) Wednesday reported first-quarter net income of $9.4 million or $0.27 per share from $8.6 million or $0.25 per share last year.
Adjusted net income for the quarter was $$9.7 million or $0.28 per share, compared to $8.7 million or $0.25 per share last year.
Net sales for the quarter grew 7.1 percent to $233.5 million from $218.1 million last year.
Analysts polled by Thomson Reuters expected the company to earn $0.25 per share on revenue of $236.77 million for the quarter. Analysts' estimates typically exclude special items.
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