Healthcare Services Group (HCSG) Raises Quarterly Dividend 0.7% to $0.18875; 1.6% Yield

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Go back to Healthcare Services Group (HCSG) Raises Quarterly Dividend 0.7% to $0.18875; 1.6% Yield

Healthcare Services Group, Inc. Reports Results for the Three and Six Months Ended June 30, 2017 and Announces Increased Second Quarter 2017 Cash Dividend

July 11, 2017 4:15 PM EDT

BENSALEM, Pa., July 11, 2017 (GLOBE NEWSWIRE) -- Healthcare Services Group, Inc. (NASDAQ: HCSG) reported that revenues for the three months ended June 30, 2017 increased approximately 22% to $470.9 million. Net income for the three months ended June 30, 2017 was $22.6 million, or $0.31 per basic and $0.30 per diluted common share, compared to the three months ended June 30, 2016 net income of $18.8 million, or $0.26 per basic and diluted common share.

Revenues for the six months ended June 30, 2017 increased approximately 13% to $875.4 million. Net income for the six months ended June 30, 2017 was $44.6 million, or $0.61 per basic and $0.60 per diluted... More