Hanger (HGR) reported 1Q'12 results after the market closed yesterday (02012.05.02). I liked reading this: "The Company's cash flow from operations increased $13.6 million to $1.3 million during the quarter ended March 31, 2012, compared to a use of $12.3 million for the first quarter of 2011." More the press release: "We are very pleased with the strength of this performance and remain confident in achieving our full year guidance. Never the less, we expect the regulatory and reimbursement environment to remain challenging though the remainder of 2012." From my seat in coach I can see that "never the less" being "challenging." HGR closed yesterday (02012.05.02) at $23.29. 52-week range: $14.57 - $27.90.
Level 3 Communications (LVLT) reported 1Q'12 results prior to the market opening today (02012.05.03). From the Level 3 press release: "In the aggregate for the remaining three quarters of 2012, we expect Free Cash Flow to be positive. We continue to have confidence in our outlook for this year, and expect to grow the business for the remainder of 2012." LVLT closed yesterday (02012.05.02) at $24.26. 52-week range: $16.51 - $40.05.
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