Healthcare Services Group (HCSG) Tops Q1 EPS by 6c

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Go back to Healthcare Services Group (HCSG) Tops Q1 EPS by 6c

Healthcare Services Group, Inc. Reports Q1 2021 Results

April 21, 2021 7:00 AM EDT

BENSALEM, Pa.--(BUSINESS WIRE)-- Healthcare Services Group, Inc. (NASDAQ: HCSG) (the Company) reported for the three months ended March 31, 2021 revenue of $407.8 million and net income of $24.7 million, or $0.33 per basic and diluted common share. The Companys Board of Directors declared a quarterly cash dividend of $0.2075 per common share, the 71st consecutive increase since the initiation of dividend payments in 2003.

Ted Wahl, Chief Executive Officer, stated, The vaccine roll-out is proving to be a real game changer for the industry, as new COVID cases among patients and residents dropped over 90% between... More