Hanger (HGR) Reschedules 2Q'14 Earnings Release

Hanger (HGR) was supposed to have reported 2Q'14 results after the market closed yesterday (02014.08.05), but they delayed the reporting for two days. Today (02014.08.06), HGR dropped to $29.80 after closing yesterday at $31.75.

"The Company is postponing its earnings release to allow additional time for the completion and review of accounting for its cost of materials estimate, which is an area of focus for remediation of a material weakness previously reported." -- Hanger press release

HGR right now (6:56am MST) is at $30.40. Previous close $31.75. 52-week range: $28.47 - $40.71.