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Hanger Orthopedic Group CEO Discusses Q3 2010 Results – Earnings Call Transcript

Hanger Orthopedic Group, Inc. ( HGR)

Q3 2010 Earnings Conference Call

October 28, 2010 9 AM ET


Tom Kirk – President and CEO

Tom Hofmeister – Chief Accounting Officer and VP - Finance

George McHenry – EVP and CFO


David MacDonald – SunTrust

Larry Solow – CJS Securities

Bryan Sekino – Barclays Capital

Michael Petusky – Noble Research

Dawn Brock – Kaufman Brothers

Todd Morgan – Oppenheimer & Co.



Good morning. My name is Kyle and I will be your conference operator today. At this time I would like to welcome everyone to the Hanger Orthopedic Group’s Q3 results conference call. (Operator Instructions). Thank you. Mr. Kirk, you may begin your conference.

Tom Kirk

Thank you, Kyle. Good morning to everyone and welcome to Hanger Orthopedic Group’s discussion of our Q3 results. Before starting the discussion let me ask Tom Hofmeister, our Chief Accounting Officer and Director of IR, to review with you our declaration on forward-looking statements. Tom?

Tom Hofmeister

Good morning. During this call management will make forward-looking statements related to the company’s results of operations. The United States Private Securities Litigation Reform Act of 1995 provides a safe harbor for certain forward-looking statements. Statements relating to future results of operations in this document reflects the views of management. However, various risks, uncertainties and contingencies could cause actual results or performance to differ materially from those expressed in or implied by these statements. These include the company’s ability to enter into and derive benefits from managed care contracts, the demands for the company’s orthotic and prosthetic services and products, and other factors identified in the company’s period reports on Form 10K and Form 10Q filed with the Securities and Exchange Commission under the Securities and Exchange Act of 1934. The company disclaims any intent or obligation to publicly update these forward-looking statements, whether as a result of new information, future events, or otherwise.

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