AUSTIN, Texas (AP) _ Hanger Inc. (HNGR) on Wednesday reported a loss of $3.3 million in its first quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 9 cents. Losses, adjusted for one-time gains and costs, came to 8 cents per share.
The orthotic and prosthetic company posted revenue of $237.5 million in the period.
Hanger expects full-year revenue in the range of $1.15 billion to $1.18 billion.
Hanger shares have risen 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $25.57, a climb of 49% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HNGR at https://www.zacks.com/ap/HNGR
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