AUSTIN, Texas (AP) _ Hanger Inc. (HNGR) on Wednesday reported second-quarter net income of $10 million.
The Austin, Texas-based company said it had net income of 26 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were 35 cents per share.
The orthotic and prosthetic company posted revenue of $281.1 million in the period.
Hanger shares have dropped 18% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $15.62, a drop of 8% in the last 12 months.