Question-and-Answer SessionOperator Thank you, sir. Operator Instructions. Sir the first question comes from the line of [Matt Mensa] from the company [Pern Driver Technology]. Please go ahead. Matt Mensa – Pern Driver Technology Hello. Thank you for taking my call. I was just wondering if we could have...
Exactech Inc. (NASDAQ:EXAC) announced after the bell Wednesday that it now expects to report second quarter revenues of approximately $43 million.
Earnings for the quarter are also expected to be below prior guidance. The company also adjusted its revenue forecast for the full year 2009 to between $167 million and $173 million. Shares are now down 0.77 on 17K shares.Exactech Inc. declined for the bulk of Wednesday morning and slipped further going into the close. The stock finished down by 0.66 at $13.52 and set a 2-month low.
Hanger Orthopedic Group, Inc. (HGR) yesterday reported financial results for the third quarter of fiscal 2009 after market close. Earnings per share were 30 cents, beating the Zacks Consensus Estimate of 27 cents and the year-ago earnings of 23 cents.
Sales
Net sales for the quarter increased 7.6% year over year to $192.3 million. Growth can be [...]
Hanger Orthopedic Group, Inc. (HGR) recently made three acquisitions totaling $10.7 million in annual net revenues. These acquisitions are: Creative Orthotics & Prosthetics, Inc.; Custom Orthopedics of Wyoming; and certain orthotics and prosthetics assets from the Hospital of the University of Pennsylvania. These acquisitions will enable Hanger to add patient care centers to its existing [...]
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