Healthcare Services Group (HCSG) Reports In-Line Q1 EPS

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Healthcare Services Group, Inc. Reports Results for the Three Months Ended March 31, 2016 & Increases First Quarter 2016 Cash Dividend

April 12, 2016 4:15 PM EDT

BENSALEM, Pa., April 12, 2016 (GLOBE NEWSWIRE) -- Healthcare Services Group, Inc. (NASDAQ: HCSG) reported that revenues for the three months ended March 31, 2016 increased approximately 8% to $384,807,000 compared to the same 2015 period. Net income for the three months ended March 31, 2016 was $18,626,000 or $0.26 per basic and per diluted common share, compared to the three months ended March 31, 2015 net income of $15,516,000 or $0.22 per basic and per diluted common share.

Additionally, our Board of Directors declared a quarterly cash dividend of $0.18250 per common share, payable on June 24, 2016 to shareholders of record at the close of business on... More