Healthcare Services Group (HCSG) Tops Q2 EPS by 5c, Revenues Beat

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Go back to Healthcare Services Group (HCSG) Tops Q2 EPS by 5c, Revenues Beat

Healthcare Services Group, Inc. Reports Q2 2020 Results

July 21, 2020 4:07 PM EDT

BENSALEM, PA.--(BUSINESS WIRE)-- Healthcare Services Group, Inc. (NASDAQ: HCSG) (the Company) reported for the three months ended June 30, 2020 revenue of $452.0 million, net income of $23.1 million, or $0.31 per basic and diluted common share, and cash flow from operations of $79.7 million. Additionally, the Companys Board of Directors declared a quarterly cash dividend of $0.20375 per common share, the 68th consecutive increase since the initiation of dividend payments in 2003.

Ted Wahl, Chief Executive Officer, stated, During the quarter we continued our intensive operational focus on mitigating the effects of COVID-19 and remained steadfast in our... More