Healthcare Services Group (HCSG) Raises Quarterly Dividend 1.3% to $0.19; 1.4% Yield

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Go back to Healthcare Services Group (HCSG) Raises Quarterly Dividend 1.3% to $0.19; 1.4% Yield

Healthcare Services Group, Inc. Reports Results for the Three and Nine Months Ended September 30, 2017 and Announces Increased Third Quarter 2017 Cash Dividend

October 17, 2017 4:05 PM EDT

BENSALEM, Pa., Oct. 17, 2017 (GLOBE NEWSWIRE) -- Healthcare Services Group, Inc. (NASDAQ: HCSG) reported that revenues for the three months ended September 30, 2017 increased approximately 25% to $491.4 million. Net income for the three months ended September 30, 2017 was $23.5 million, or $0.32 per basic and $0.31 per diluted common share, compared to the three months ended September 30, 2016 net income of $19.7 million, or $0.27 per basic and diluted common share.

Revenues for the nine months ended September 30, 2017 increased approximately 17% to $1.4 billion. Net income for the nine months ended September 30, 2017 was $68.0 million, or $0.93 per basic and $0.92 per diluted common... More