Healthcare Services Group (HCSG) Raises Quarterly Dividend 0.6% to $0.1975; 2.3% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Healthcare Services Group, Inc. Reports Q1 Results, Cash Dividend Increase and 2019 Expectations
April 30, 2019 5:19 PM EDTBENSALEM, Pa., April 30, 2019 (GLOBE NEWSWIRE) -- Healthcare Services Group, Inc. (NASDAQ: HCSG) (the Company) reported for the three months ended March 31, 2019 revenue of $476 million and net income of $9.2 million or $0.12 per basic and $0.12 per diluted common share. The Company also reported cash flow from operations for the quarter of $18 million.
First Quarter Results
Revenue for the quarter was down $19 million sequentially to $476 million. Dining & nutrition revenue decreased $14 million to $243 million, primarily related to the previously announced 4Q18 contract modifications with Genesis Healthcare®. The contract changes decreased segment... More
