Healthcare Services Group (HCSG) Misses Q2 EPS by 17c

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Healthcare Services Group, Inc. Reports Q2 2021 Results

July 21, 2021 7:00 AM EDT

BENSALEM, Pa.--(BUSINESS WIRE)-- Healthcare Services Group, Inc. (NASDAQ: HCSG) (the Company) reported for the three months ended June 30, 2021 revenue of $398.2 million, net income of $9.6 million, or $0.13 per basic and diluted common share, and cash flow from operations of $25.3 million. The Companys Board of Directors declared a quarterly cash dividend of $0.20875 per common share, the 72nd consecutive increase since the initiation of dividend payments in 2003.

Ted Wahl, Chief Executive Officer, stated, While Q2 reported results were impacted by temporary or non-recurring items, our underlying operational and financial performance was strong... More