Hanger Orthopedic Group Reports Adjusted EPS of $0.37

Hanger Orthopedic Group, Inc. HGR announced net sales of $206.7 million for the quarter ended September 30, 2010, an increase of $14.5 million, or 7.5%, from $192.3 million in the prior year. Adjusted diluted earnings per share, which excludes relocation of the Company's corporate headquarters and costs related to the pending acquisition of Accelerated Care Plus Corp, (ACP), were $0.37 per diluted share for the third quarter of 2010, a 23.3% increase compared to $0.30 per diluted share for the same period in 2009. Diluted earnings per share were $0.21 for the third quarter of 2010.
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