Healthcare Services Group (HCSG) Reports Q4 EPS of $0.30

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Go back to Healthcare Services Group (HCSG) Reports Q4 EPS of $0.30

Healthcare Services Group, Inc. Reports Results for the Three Months Ended March 31, 2017 and Announces Increased First Quarter 2017 Cash Dividend

April 11, 2017 4:18 PM EDT

BENSALEM, Pa., April 11, 2017 (GLOBE NEWSWIRE) -- Healthcare Services Group, Inc. (NASDAQ: HCSG) reported that revenues for the three months ended March 31, 2017 increased approximately 5% to $404.5 million. Net income for the three months ended March 31, 2017 was $22.0 million, or $0.30 per basic and diluted common share, compared to the three months ended March 31, 2016 net income of $18.6 million, or $0.26 per basic and diluted common share. The Company also announced that it has entered into new service agreements with expected annualized revenues of over $160 million, to begin during the second quarter of 2017. The Company expects the... More