Hanger, Inc. reported consolidated earnings results for the full year ended December 31, 2016. For the full year, the company reported net revenue of $1,042.1 million against $1,067.2 million a year ago. Loss from operations was $72.1 million against $349.6 million a year ago. Loss from continuing operations before income taxes was $123.3 million against $386.7 million a year ago. Loss from continuing operations was $107.4 million against $319.1 million a year ago. Net loss was $106.5 million against $327.1 million a year ago. Loss from continuing operations was $2.99 million against $8.96 million a year ago. Basic and diluted loss per share was $2.96 against $9.18 a year ago. Net cash provided by operating activities was $68.8 million against $57.3 million a year ago. Purchase of property, plant and equipment was $21.1 million against $27.6 million a year ago. LBITDA was $27.2 million against $303.3 million a year ago. Adjusted EBITDA was $108.5 million against $117.2 million a year ago. Adjusted net income (Non-GAAP) was $14.0 million against $27.0 million a year ago. Adjusted basic and diluted income per share (Non-GAAP) was $0.39 against $0.76 a year ago. LBITDA (Non-GAAP) was $27.2 million against $303.3 million a year ago. Adjusted EBITDA (Non-GAAP) was $108.5 million against $117.2 million a year ago.

The company reaffirmed preliminarily estimates that consolidated net revenue for the year ended December 31, 2017 will total approximately $1.04 billion.