Healthcare Services Group (HCSG) Reports In-Line Q4 EPS

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Healthcare Services Group, Inc. Reports Results for the Three Months and Year Ended December 31, 2014

February 3, 2015 4:30 PM EST

BENSALEM, Pa., Feb. 3, 2015 (GLOBE NEWSWIRE) -- Healthcare Services Group, Inc. (Nasdaq: HCSG) reported that revenues for the three months ended December 31, 2014 increased over 12% to $341,624,000 compared to $303,833,000 for the same 2013 period. Net income for the three months ended December 31, 2014 was $15,472,000 or $0.22 per basic and per diluted common share, compared to the three months ended December 31, 2013 net income of $5,452,000 or $0.08 per basic and per diluted common share.

Revenues for the year ended December 31, 2014 increased over 12% to $1,293,183,000 compared to $1,149,890,000 for the same 2013 period. Inclusive of the non-recurring charges announced as part of the third quarter results,... More