Healthcare Services Group (HCSG) Misses Q4 EPS by 13c

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Healthcare Services Group, Inc. Reports Results for the Three Months and Year Ended December 31, 2015

February 2, 2016 4:30 PM EST

BENSALEM, Pa., Feb. 02, 2016 (GLOBE NEWSWIRE) -- Healthcare Services Group, Inc. (NASDAQ: HCSG) reported that revenues for the three months ended December 31, 2015 increased to $366,082,000 compared to $341,624,000 for the same 2014 period. Revenues for the year ended December 31, 2015 increased to $1,436,849,000 compared to $1,293,183,000 for the same 2014 period.

Inclusive of the previously announced settlement costs, net income for the three months ended December 31, 2015 was $9,134,000 or $0.13 per basic and per diluted common share.  Net income for the year ended December 31, 2015 was $58,024,000 or $0.81 per basic and $0.80 per diluted common share.

As previously... More