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Hanger, Inc. Stock Price

NYSE:HNGR Community·US$732.4m Market Cap
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Snowflake Analysis

Proven track record with imperfect balance sheet.

1 Risk
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Hanger, Inc. Key Details

US$1.2b

Revenue

US$796.7m

Cost of Revenue

US$378.8m

Gross Profit

US$341.6m

Other Expenses

US$37.3m

Earnings

Last Reported Earnings
Jun 30, 2022
Next Reporting Earnings
n/a
0.95
32.23%
3.17%
381.4%
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About HNGR

Founded
1861
Employees
5200
CEO
Vinit Asar
WebsiteView website
hangerclinic.com

Hanger, Inc. provides orthotic and prosthetic (O&P) services in the United States. It operates in two segments, Patient Care and Products & Services. The Patient Care segment owns and operates Hanger clinic, which specializes in the design, fabrication, and delivery of custom O&P devices through patient care clinics and satellite locations; and offers payor network contracting services to other O&P providers. The Products & Services segment engages in the distribution of various O&P parts, componentry, and devices to independent O&P providers; development of specialized rehabilitation technologies; and provision of evidence-based clinical programs for post-acute rehabilitation to patients at approximately 4,000 skilled nursing and post-acute providers. This segment also manufactures and sells therapeutic footwear for diabetic patients in the podiatric market. As of December 31, 2021, the company operated approximately 760 patient care clinics and 115 satellite locations in 47 states and the District of Columbia. It also distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings. The company was formerly known as Hanger Orthopedic Group, Inc. and changed its name to Hanger, Inc. in June 2012. Hanger, Inc. was founded in 1861 and is headquartered in Austin, Texas.

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