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Hanger, Inc. (NYSE: HNGR) announced preliminary results for 2021, projecting net revenues of approx.
Hanger, Inc. (HNGR) reported third-quarter 2021 results with net revenue of $289.8 million, up 12.9% year-over-year, and a net income of $21.1 million, compared to $6.8 million in 2020. Adjusted EBITDA rose 33.5% to $37.2 million. Despite growth, Hanger revised its 2021 outlook, forecasting net revenue between $1.115 billion and $1.140 billion, down from previous estimates, citing continued COVID-19 impacts. The Patient Care segment grew 14.9% to $244.4 million, while the Products & Services segment saw 3.4% growth to $45.5 million.
Hanger, Inc. (NYSE: HNGR) will release its financial results for Q3 and nine months ending September 30, 2021, post-market on November 8, 2021. A conference call for investors will follow on November 9 at 8:30 a.m. ET. Hanger specializes in orthotic and prosthetic services, operating about 800 clinics nationwide. The company has been recognized by Forbes as one of America’s Best Employers for 2021. More details, including a webcast of the call, are available on the Investor Relations website.
Hanger, Inc. (NYSE: HNGR), a leader in orthotic and prosthetic services, announced management's participation in the Baird 2021 Global Healthcare Conference on September 14-15, 2021. An investor presentation is scheduled for September 15 at 3:10 p.m. Eastern time. Investors can access the presentation and webcast replay on the company's website. Hanger operates approximately 800 locations nationwide, emphasizing superior patient care and positive outcomes.
Hanger, Inc. (NYSE: HNGR) reported Q2 2021 net revenue of $280.8 million, up 20.3% from Q2 2020. However, net income fell to $10.2 million from $31.1 million. The Patient Care segment's net revenue rose 20.9% to $236.8 million, driven by increased patient volumes. Adjusted EBITDA decreased by 15.2% to $31.0 million, reflecting the end of pandemic-related cost reductions. Hanger reaffirmed its 2021 guidance, anticipating net revenue between $1.145 billion and $1.175 billion.
Hanger, Inc. (NYSE: HNGR) will report its financial results for Q2 and the first half of 2021 on August 4, 2021, post-market close. A conference call is scheduled for August 5, 2021, at 8:30 a.m. ET to discuss these results. The financial details will be accessible through their Investor Relations website, with a live webcast and a replay available. Hanger, recognized by Forbes as one of America's Best Employers for 2021, aims to lead in orthotic and prosthetic patient care with around 800 locations nationwide.
Hanger, Inc. (NYSE: HNGR), a top provider of orthotic and prosthetic services, will engage with institutional investors at the Jefferies Virtual Healthcare Conference from June 1-4, 2021. The management team is scheduled for an investor presentation on June 3 at 2 p.m. Eastern time. Interested parties can view the presentation and its replay on the investor relations section of Hanger's website. Recognized by Forbes as one of America’s Best Employers for 2021, Hanger operates approximately 800 clinic locations nationwide, emphasizing superior patient care and outcomes.
Hanger, Inc. (NYSE: HNGR) has announced that its management team will engage with institutional investors at the virtual BofA Securities 2021 Healthcare Conference from May 10-13, 2021. An investor presentation is scheduled for May 12 at 5 p.m. Eastern time, with a subsequent webcast available on the company's investor relations website. Hanger is recognized for its outcomes-based orthotic and prosthetic services, operating around 800 clinics nationwide. The company has been listed by Forbes as one of America’s Best Employers for 2021.
Hanger, Inc. (HNGR) reported its Q1 2021 financial results, achieving net revenue of $237.5 million, a 1.6% increase from Q1 2020. The company posted a net loss of $3.3 million, significantly improved from a $15.7 million loss a year earlier. Adjusted EBITDA rose to $13.5 million, up $8.3 million year-over-year. The Patient Care Segment saw revenue growth of 2.9%, while Products & Services declined by 4.1%. Liquidity increased to $165.1 million.
Hanger, Inc. (NYSE: HNGR) will release its financial results for Q1 2021 on May 5, 2021, post-market close. A conference call to discuss these results is scheduled for May 6 at 8:30 a.m. ET. Investors can access a live webcast and earnings release on the company's Investor Relations site. Hanger provides orthotic and prosthetic services through nearly 800 locations, and was recognized by Forbes as one of America's Best Employers for 2021. The company emphasizes patient care and outcomes, aiming to enhance human potential in healthcare.
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