Hanger Tops, Charges Hit Profit
Posted on February 10, 2011 at 17:40 PM EST
Hanger Orthopedic (NYSE:HGR) posted fourth-quarter fiscal 2010 adjusted earnings per share of 52 cents, outstripping the Zacks Consensus Estimate of 40 cents and the year-ago adjusted earnings of 37 cents. However, profit (as reported) for the quarter was pulled down by hefty charges. Fourth quarter profit plummeted nearly 94% year over year to $0.75 million [...]
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