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HearUSA Inc.

On June 18, 2012, HearUSA Inc. went out of business as per its Chapter 11 liquidation filing under bankruptcy. HearUSA Inc. operates hearing care centers in the United States. It operates in two segments, Company-Owned Centers and Network of Independent Providers. The Company-Owned Centers segment offers its patients a range of products and services, including diagnostic audiological testing, technology in hearing aids, assistive listening devices, and other products related to hearing care. As of December 25, 2010, it owned 175 hearing care centers in Florida, New York, New Jersey, Massachusetts, Ohio, Michigan, Missouri, North Carolina, Pennsylvania, South Carolina, and California. The Network of Independent Providers segment sponsors a network of approximately 2,000 credentialed audiology providers that support hearing benefit programs with employer groups, health insurers, and benefit sponsors in 48 states. The company was formerly known as HEARx Ltd. and changed its name to HearUSA Inc. in July 2002. HearUSA Inc. was founded in 1986 and is based in West Palm Beach, Florida.

Market Cap

$36.8M

Volume

135.3K

Cash and Equivalents

$3.6M

EBITDA

$1.2M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$60.4M

Profit Margin

71.73%

52 Week High

$1.01

52 Week Low

$0.15

Dividend

N/A

Price / Book Value

-1.19

Price / Earnings

-0.70

Price / Tangible Book Value

-0.87

Enterprise Value

N/A

Enterprise Value / EBITDA

N/A

Operating Income

-$658.0K

Return on Equity

2348.03%

Return on Assets

-0.73

Cash and Short Term Investments

$3.6M

Debt

$38.3M

Equity

-$27.4M

Revenue

$84.2M

Unlevered FCF

$2.7M

Sector

Health Care Providers and Services

Category

N/A

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