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Article: The Daily Record News Briefs: October 28, 2009
- Article from:
- The Daily Record (Baltimore)
- Article date:
- October 28, 2009
CopyrightCopyright 2009 The Daily Record (Baltimore). Provided by ProQuest LLC. (Hide copyright information)
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Hanger's profit up 31.4%
Hanger Orthopedic Group Inc., of Bethesda, reported third-
quarter net income increased 31.4 percent, to $9.6 million, or 30
cents per diluted share, compared to net income of $7.3 million, or
23 cents per diluted share, in the year-ago period.
Revenue rose 7.6 percent, to $192.3 million, versus $178.7
million for the corresponding quarter in 2008. Net earnings per
share exceeded the average of 27 cents per share forecast by five
analysts polled by Thomson Reuters., but revenue fell short of
analysts' average expectation of $193.6 million.
Hanger owns 669 orthotic and prosthetic patient care centers in
45 states and the District of Columbia.
NYU wins M&A competition